Update: Unemployment Rate Dips as Wages Climb

(Updated from 11:03 a.m. EDT)

The nation's unemployment rate ticked lower, to 4%, in June, and wages continued to rise. But the economy generated a surprisingly small number of jobs in June, as temporary census workers left the government's payrolls.

Still, the June employment report released Friday suggested that labor markets remained strong even though higher interest rates are beginning to slow down parts of the economy.

...