Coal Mining Layoffs Have Domino Effect on Businesses

LOGAN COUNTY, W.Va. (WSAZ) -- The loss of thousands of jobs in the area is having a domino effect on local business.

So far this year, WSAZ.com has reported nearly 2,000 job losses in the coal industry.

Stan Morgan owns the Radio Shack in Logan. He says business is down 16 percent from this time last year.

He attributes the loss in revenue to the loss of mining jobs.

“Without the mining jobs we're gonna be a ghost town,” a customer said to Morgan.
“Yup, we'll be packing up and moving out of here won't we?” Morgan replied.

“This is normally one of our better times going into the fall and it's been quite slow,” David Dean, the owner of Tri-County Reality in Chapmanville said.

Dean says his business is down 35 to 40 percent compared to last year.

“Homes are people’s lives. Homes are our community,” Dean said. “That's the cornerstone of every community; owning a home.”

However, that American dream is turning into a nightmare. Every time more layoffs are announced -- more deals fall through the cracks. The impact can be felt all around.

“There are eight or nine jobs here in the county for every coal miner and we're losing thousands of jobs,” Rick Abraham, who’s been in the mining industry for 40 years, said.

“They’re holding onto their money. They're not spending or making any huge purchases right now. They don't know what's gonna happen,” Morgan said.

While customers hold onto their money, businesses hold on to hope.

“Like most other folks we'll weather the storm, come out on the other side and hopefully be better and stronger,” Dean said.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WSAZ NewsChannel 3 645 Fifth Avenue Huntington, WV 25701 304-697-4780 WSAZ Charleston 111 Columbia Avenue Charleston, WV 25302 304-344-3521
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 162948446 - wsaz.com/a?a=162948446