Economy

That's according to ADP, which cover only about 20% of the nation's private workforce.
https://www.federalreserve.gov/newsevents/speech/powell20191008a.htm

the ADP National Employment Report and ADP Small Business Report are derived from ADP payroll data representing 460,000 U.S. clients and nearly 26 million workers
https://finance.yahoo.com/news/september-2021-adp-national-employment-121500533.html
the above link is no longer good, but archive.org has it:
https://web.archive.org/web/20211207005815/https://finance.yahoo.com/news/september-2021-adp-national-employment-121500533.html

How they extrapolate from 20% to the remaining 80%, I have no idea.

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The Bleet in the OP, or whatever they call BlueSky tweets, eventually links to this (I didn't encounter a paywall)

https://www.forbes.com/sites/zacharyfolk/2025/07/04/the-most-americans-are-on-unemployment-nearly-2-milllion-since-pandemic/?utm_campaign=forbes&utm_medium=social&utm_source=bluesky

(emphasis mine)

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I ran across this, this morning, some points of interest

Fortune, 7/4/25
https://www.msn.com/en-us/money/markets/why-wall-street-got-the-jobs-number-so-wrong/ar-AA1HXKvj

Pantheon’s Samuel Tombs: “The robust headline figure ((+147k in the BLS report -Progree)) is entirely due to a massive 80K increase in state and local government payrolls, of which 64K are education jobs. … This large boost probably will unwind in July.”

Bruce Kasman et al at JPMorgan: “The June surge in state and local hiring likely reflects seasonal noise.”

Daiwa Capital Markets: “Private-sector payroll growth totaled only 74,000, only a bit more than half of the approximately 143,000 average in the prior six months and the weakest reading since last October

Progree math check: 80k + 74k = 147k? No, 154k.

ETA Oh, I figured it out:

+80k   state and local government payrolls
- 7k   federal govenment payrolls (from other sources)
+74k   private sector
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147k   headline job growth