Unemployment has fallen in Wales between January and March, according to the latest official figures.
It's down by 6,000 to 121,000.
Across the UK unemployment increased by 15,000 to 2.52 million.
The latest unemployment figures for Wales will be released today by the Office for National Statistics.
The figures for March showed that unemployment in Wales had increased by 0.5% in the period from November to January.
Mark Hoban is the UK Minister for Employment, and he says that although there's more work to be done to reduce unemployment levels in Wales there are some 'positive signs' with new firms opening.
For the second month running we are seeing another worrying increase in the number of unemployed in Wales. However compared to a year ago, the figures are more favourable, showing how volatile the situation is in Wales. Our latest quarterly index revealed today shows that small businesses in Wales are significantly more confident than they were this time last year.
We need to hear measures from the Chancellor today to boost that confidence and give a helping hand to small businesses. He must deliver a Budget for business that will give clear tools to small firms to create jobs and wealth. We know that smaller firms can be an important pathway back to work for the long-term unemployed.
The number of unemployed has risen in Wales again. In the 3 months to January it was up by 7000 to 125,000. That's a rate of 8.4%
Unemployment in Wales is up by 6,000, to 8.6 percent. That is despite a fall across the UK.
The disappointing figures come on the day research by Cardiff Business School shows Wales' small businesses are missing out on Welsh Govenment support because many don't know it exists.
Critics say too much emphasis is being placed on dividing the welsh economy into sector panels.
They say that is overlooking our small firms which provide the majority of jobs.
Our Business Correspondent Carole Green reports.
The number of unemployed people in Wales rose in the last three months of 2012, to reach 127,000.
Between October and December, 6,000 more people were out of work, bringing the unemployment rate to 8.6 percent.
Wales is suffering compared to the UK as a whole, where the jobless figure fell in the final quarter, to reach an unemployment rate of 7.8 percent.
Unemployment in Wales might have fallen, but Business Minister Edwina Hart says the economic situation here remains 'challenging'.
The poor performance of the global economy, together with spending cuts imposed by the UK Government, mean our economic prospects continue to be very uncertain.
Whilst the UK Government holds all the major macroeconomic tools, the Welsh Government is doing all we can to help people back into jobs or training.
Unemployment in Wales has fallen. In the three months to November it fell 1,000 to 124,000 - a rate of 8.4%.
The latest unemployment figures are expected to be released today.
The last set of figures from the Office of National Statistics revealed a big fall in unemployment across Wales, with 15,000 fewer people out of work.