The Good News About the Surprisingly Bad Jobs Market

Car manufacturing is a bright spot in the weak jobs market (Photo: Mike Cassese/REUTERS)

Judging by the unemployment rate alone, the jobs market is the hottest it has been in 50 years. In January, the percentage of people looking for work who couldn’t find jobs dropped to 9%. That was down from 9.4% in December and 9.8% the month …