Since the recovery started in 2009, investment on equipment and software is up 31% while...

|By:, SA News Editor

Since the recovery started in 2009, investment on equipment and software is up 31% while private-sector jobs growth is up just 1.4%. The major reasons for the splurge are temporary tax breaks and low interest rates. Economists reckon that as has been the case historically, the greater investment and productivity will eventually create jobs.