US Postal Service (USPS) decline in mail volume 2007-09: 36 billion pieces (17%)
USPS losses, 2007-2009: $12 billion
USPS career workforce reductions, 2007-2009: 84,000
USPS unfunded pensions and retiree health obligations and other liabilities: $90 billion
Potential cumulative USPS losses: $238 billion
Employee compensation and benefits as percentage of USPS costs: 80%
Friday, April 16, 2010
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