Earlier this week Arch Coal announced it was considering bankruptcy, just at about the same time the Governor announced that he expected to be able to ship coal to Asia. I'm not sure if the Governor really believes that, but I doubt very much that's going to be the case. Things are looking increasingly bleak for coal.
And the state's community colleges are now preparing for an economic slump, the Tribune reports, with one even putting in place a hiring freeze. I'm not sure that they'll see a drop in enrollment, like they fear, as at least in the past an increase in unemployment in the young has tended to see an increase in the young seeking college opportunities, something I've witnessed personally. But they're wise to do some planning.