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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The Ashes clash between England and Australia begins in Cardiff this morning. The Test is expected to bring in £5m for the Welsh economy.
The Chancellor George Osborne sets out new spending plans in his second budget of 2015
Workers on the First Great Western service are set to walk out from Wednesday evening until the start of services on Saturday morning.