FEEDBACK
Jobs Open Hiring
Post Resume
Get Exclusive Jobs
Ask a question:
37
 
30
 
14
 
22
Home » Man vs. Machine, a Jobless Recovery

9

Man vs. Machine, a Jobless Recovery

Source: wsj.com Author: TIMOTHY AEPPEL READ FULL ARTICLE AT wsj.com

 Save

Jobsandcareer.com organizes the most comprehensive job and career advice/news.

  22
 
14
In no other U.S. recovery since World War II have companies been simultaneously faster to boost spending on machines and software, while slower to add people to run them.
Part of this is the old story of substituting capital for labor. But a combination of temporary tax breaks that allowed companies in 2011 to write off 100% of investments in the first year and historically low short- and long-term interest rates have pushed that process into overdrive.
Hiring, meanwhile, is too slow to bring the unemployment rate down rapidly. Employers have added workers at a monthly rate of 142,000 for ......

Full article: Man vs. Machine, a Jobless Recovery

More About: Job Creation Jobless Economy

Jan 17 2012 submitted by Susan Copper

  22
 
14
0  Discussions
Discussion
Get Best Career Advice & Job News
We won't share your email address. Unsubscribe anytime.
JOBS and CAREER
- weekly newsletter -
Popular