The good news is that the economy added 112,000 new jobs in June. The bad news is that that figure is less than half of what economists expected. More bad: manufacturing lost jobs. Personally, I was stunned by the news. The month when kids get out of school for the summer, resorts increase staff for vacation season, etc., should have seen a big number. I was siding with the more optimistic economists expecting 300,000+ new jobs. Unless there’s a major revision later, that didn’t happen.