Financial Report Shows That Postal Workforce Will Remain Stable Through Late 2016

Don't look for any major downsizing from the U.S. Postal Service during the coming year. A new report indicates the postal workforce will remain stable through late 2016. The agency is projecting a 0.6 perecnt decrease in work hours during Fiscal Year 2016, according to an annual financial plan it released Friday.

That suggests this will be the third consecutive year of virtually no change in the size of the workforce, after a three-year period (2010-2013) in which the service shed one-sixth of its career employees. Work hours and the number of employees actually inched up during FY2015.