In Benwood, West Virginia, money comes in as coal goes out. Coal mines are going through a hiring shortage, which is hurting production.
Longwell remembers when coal mines were so popular, they were turning away job applicants. You can make $100,000 a year mining coal in Benwood. But coal miners are going through a hiring shortage, which is hurting production. "The main complaint that I hear on a daily basis: ‘We need people,’" Longwell said. "Some of the production does get cut back because they don’t have the people.
As a result, companies have had to cut back. Global demand for coal increased by 6% last year and could rise even more this year. "We’re seeing prices climbing rather aggressively over the past several months," Lego said. "Due in large part to Ukraine, but also to the global growth in general."
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