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America's dying postal service: By the numbers
At least $12 billion in debt, the U.S. Postal Service is hoping that shutting 2,000 branches can keep it afloat
 
"Snail mail" may be on the decline, but 64 percent of Americans still oppose the idea of closing post offices.
"Snail mail" may be on the decline, but 64 percent of Americans still oppose the idea of closing post offices.
CC BY: Steve Johnson

The U.S. Postal Service is facing a whole host of problems: The rise of electronic communications, a corresponding decline in lucrative mass-market "junk" mail, federal regulators who won't allow it to cut Saturday services or raise stamp prices, and Congressional opposition to making other cuts. While the independent agency confronts federal oversight, it's also planning to close thousands of locations, mostly in rural and sparsely populated suburban areas. (Watch a local report about closing Post Offices.) Here's a look at USPS cost-cutting, by the numbers:

532,800
Number of U.S. Postal Service employees

32,000
Approximate number of USPS locations

16,000
Approximate number of USPS locations currently operating at a deficit

2,000
Approximate number of branches and stations the USPS wants to close this year

491
USPS locations to be closed by the end of June

408
Number of those locations that are already out of service, in some cases due to fires and weather damage

$500 million
Amount those closures would save over two years, according to USPS officials

$8.5 billion
USPS losses in fiscal 2010

$7 billion
Expected losses in the current fiscal year

$12 billion
Amount the USPS owes the U.S. Treasury

50
Percentage of the Postal Service's current infrastructure it plans to cut by 2020

64
Percentage of Americans who opposed closing USPS branches, in a March 2010 poll

213 billion
Pieces of mail the USPS delivered in 2006, its peak year

171 billion
Pieces of mail delivered in 2010

150 billion
Pieces of mail it expects to deliver a decade from now

19
Percentage of Postal Service revenue generated online

Sources: Washington Post, Wall Street Journal, CNN Money, Cato Institute

 

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