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Responding to the latest labour market statistics, which showed a UK fall in unemployment of 45,000 over the three months to March but only a slight decline in Wales figures, Robert Lloyd Griffiths, director of the Institute of Directors in Wales, said:
Official figures published in the last half an hour show unemployment fell by 45,000 between January and March to 2.63 million.
The number of people claiming jobseeker's allowance last month fell by 13,700 to 1.59 million, according to the Office for National Statistics.
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Unemployment in Wales has fallen by 1,000, in the first three months of the year.