Hi Alan,
Unfortunately I have yet to raise any fry. I've never been around when the eggs hatched (if indeed they did hatch) so I haven't had the chance. The Jawfish are in my reef so I suspect if they do hatch they're soon eaten, which means I have to literally be watching to enable me to intervene. One day I might try to catch the male and put him in a tank of his own, or get him to release the eggs and out them in a tank of their own.
As far as I can see, there are no distinct differences between my male and female. The male is slighty broader than the female, and has a slightly larger head, but I couldn't say whether this was actual sexual dimorphism or just general variation. They were identical, as far as I could see, when I bought them. Mine paired up purely by chance - I bought two and they happened to be male and female. I never had the intention of breeding them either, I just like keeping some fish in twos in the hope that I will get a male and female. I have been tempted in the past to try and breed jawfish in their own system, but the usual time and space constraints apply. If you do decide to go ahead, I wish you the best of luck.
Sorry I can't be of more help.