INSIGHTS U.S. Job Growth Inches Up in August, Unemployment Trends Down By Staff Wednesday, September 11, 2024 2:04 PM “This just confirms that the employment market is weakening, but the sky is not falling.”Eugenio Alemán, chief economist at Raymond James, commented on data released by the Bureau of Labor Statistics that showed employers added an estimated 142,000 jobs in August, marking stronger growth than in July. The unemployment rate dropped slightly to 4.2 percent from 4.3 percent. Read the CNN article, “The Sky Is Not Falling: U.S. Economy Added 142,000 Jobs in August.”