Texas employment growth has stalled, Fed report says

Texas employment growth has stalled, per a new report from the Federal Reserve Bank of Dallas. Why it matters: Texas is looking a lot like the national job market: Firing has slowed but so has hiring. The big picture: The national unemployment rate reached a four-year high of 4.5% in November but dropped in December to 4.4%, signaling hiring in the final month of the year. Texas…