Coal Mining Workforce Growth Achieved in Exchange for Retirement Surge

During 2008, workforce growth in the Coal Mining industry came mostly from recruiting aging workers.

 

Surprisingly, while the industry was expanding, younger workers were exiting.

 

This trend is a problem.  While current labor demand is being satisfied, the tradeoff is a future retirement surge.

 

Furthermore, because so few younger workers are being attracted, the labor supply to fill the vacancies will most likely be insufficient.

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