Think about coal miners and you probably envision old Americana images: soot-blackened union guys with picks slung over their shoulders. But the truth is, modern-day coal mining is highly mechanized and it employs relatively few workers, many of them non-union.
Consider the coal companies in the Powder River Basin that extract nearly 500 million tons of coal each year with just 7,000 workers. That’s nearly half of all the coal mined in the US each year and it works out to roughly 66,000 tons of coal for each worker, on average. It’s an astonishing display of the industrial efficiency deployed in strip mining-like techniques. Yet it also means that coal mining is a poor strategy to create jobs.
In fact, as economists at the University of Massachusetts’ Political Economy and Research Institute have shown, it’s hard to make a worse jobs investment than coal.
Nearly any other infrastructure investment produces more jobs than coal, even when you factor in the indirect jobs and other secondary jobs. It just doesn’t stack up.