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Posted: Jun 20, 2014 2:01 PM

Updated: Jun 20, 2014 2:01 PM

AUSTIN, Texas (AP) The overall jobless rate in Texas during May slipped to 5.1 percent. That's the third straight month the rate has declined. Midland had the lowest mark at 2.6 percent. The McAllen-Edinburg-Mission area was highest at 8.6 percent.

DALLAS (AP) The Dallas police and fire pension fund has taken a $60 million hit from speculative investments on luxury homes in Colorado, Hawaii and elsewhere. News of the huge loss comes amid mounting concern over investment returns for the $3.4 billion retirement fund.

WASHINGTON (AP) Governor Rick Perry says he "stepped right in it" when he compared gays and alcoholics. When he was asked last week if homosexuality is a disorder, Perry responded that if he had the "genetic coding" to be an alcoholic, he still has the choice not to drink and he looks at homosexuality the same way. This week, Perry says he should have stayed focused on the importance of creating jobs.

KILLEEN, Texas (AP) A former Killeen High School teacher has been charged with having sex with a 16-year-old girl in his classroom. Samuel Caines Junior was arraigned Thursday and freed on $100,000 bond. He was placed on leave in February and later lost his job.

Topics: TX--4th NewsMinute

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