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Employers added fewer jobs in June than a month earlier but the unemployment rate ticked down, a decent showing for the U.S. economy.
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Texas Governor Appoints Former Hard Right Critic to Key Post The New York TimesActing Comptroller Kelly Hancock to step down as Texas CFO The Texas TribuneAbbott Appoints Don Huffines as Texas Comptroller Texas ScorecardTexas Governor Appoints GOP Candidate to State's Top Finance Job Bloomberg.comRepublican leading Texas voucher rollout to step down at end of July Houston Chronic
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A drop in the unemployment rate helped provide some upside to what was an otherwise downbeat jobs report — but it was for all the wrong reasons.
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The unemployment rate ticked down to 4.2 percent, but average hourly earnings were steady, giving Kevin Warsh, the Federal Reserve chairman, room to focus on fighting inflation.
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