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Man vs. Machine, a Jobless Recovery
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The use of automation and robots is playing a large part in new capital investment for upgrading plants or setting up new plants by companies in the U.S. This is affecting the pace at which jobs are added in 2011-2013. The lower cost of capital with low interest rates and incentives for 2011 that enabled companies to write off 100% of investments in the first year have accelerated the investment in machines and software.
Lower job creation as the low cost of capital, lower interest rates and tax breaks accelerate factory investment in machines and software
12/10/2011
Grouped Articles
The Next First (and Only) 100 Days
New York Times 12/10/2011
Man vs. Machine, a Jobless Recovery
Wall Street Journal 01/17/2012
New York Times 01/26/2012
New York Times 01/28/2012
The jobs crisis facing the U.S. as higher automation in manufacturing lowers job creation
12/10/2011
It is becoming harder to reduce unemployment with the larger use of automation and robotics in today's new plants creating fewer jobs than in the past.
Linked Articles
Man vs. Machine, a Jobless Recovery
Wall Street Journal 01/17/2012
The Next First (and Only) 100 Days
New York Times 12/10/2011
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