The projected decline of Central Appalchian coal production is one of the biggest challenges facing the state in the near future. While there are many reasons for the decline, some are irreversible, as much of the easy to reach coal has been mined out. This has prompted a great deal of concern in the state, chiefly regarding the…
Income and Work
While the state slowly recovers from the Great Recession, struggles remain. There is only one job opening for every four people looking for work, the state has the lowest workforce participation rate in the nation, and West Virginia workers earn, on average, one dollar less an hour than the national average. Raising the minimum wage,…
Work sharing gives businesses an alternative to lay-offs during times of economic uncertainty. This voluntary program allows them to use unemployment benefits to retain their workers. Already adopted in 24 states and the District of Columbia, work sharing could be particularly helpful to West Virginia's mining and construction industries which have both faced employment ups…
2012’s Slide Continues Into June - Total nonfarm employment fell for the fifth straight month, as West Virginia lost 1,200 jobs in June. June marked the third straight month with job losses over 1,000, the first time that has happened since early 2009. Nonfarm employment has been below its pre-recession level since April. Unemployment in the…
In times of economic uncertainty, instead of sending trained staff to the unemployment line, companies in 24 states and the District of Columbia can use work sharing. This voluntary program allows employers to use unemployment benefits to retain their workers and avert lay-offs. Work sharing could be particularly helpful to West Virginia's mining and construction…
As Sean and I have both touched on, one of the central factors causing the decline in Central Appalachia coal production is the exhaustion of thicker, more easy to mine, coal seams. One way to gauge this trend is by looking at coal productivity. Coal productivity can be measured in two ways. The Energy Information…
While the country is struggling to dig itself out of the Lesser Depression, the mining industry (oil, gas, and coal) has fared much better than most industries over the last three years. Currently, the unemployment rate in the mining industry is 4.5 percent, which is close to full employment, compared to 7.9 percent nationally. As…
Over at the Wheeling Intelligencer there seems to be some confusion about the growth and the number of natural gas jobs in the state, with estimates ranging from about 2,200 to over 16,000. Compiled below is a breakdown of natural gas sector job growth based on an analysis we did back in November. These annual…
Disappointing Job Trends Continue in May - West Virginia saw its total nonfarm employment fall for the fourth straight month, losing 1,900 jobs between April and May. Although monthly losses have not been as large as at the beginning of 2009, a similar pattern seems to be emerging. Nonfarm employment remains below its prerecession level. In…
As we discussed in a previous post, coal mining employment has risen over the last three years. Today, Workforce WV released job figures for the fourth quarter of 2011 and the annual average of 2011. Included in this release is coal mining employment. The two charts below use this new data to update our previous…