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Could Your Next Dream Job Be At The Lansing Post Office?

Could Your Next Dream Job Be At The Lansing Post Office?
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Could Your Next Dream Job Be At The Lansing Post Office?

Could Your Next Dream Job Be At The Lansing Post Office?
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U.S. Postal Service Narrows Quarterly Loss, Presses Ahead With Overhaul

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The U.S. Postal Service on Friday reported a second-quarter loss of $1.7 billion, compared to loss of $1.9 billion in the same period a year earlier. The results, adjusted to exclude non-cash workers’ compensation, reflect a pandemic-driven surge in package deliveries that was still not enough to offset higher operating costs and a continuing decline in revenue from mail services, the Postal Service said.
Revenues rose to about $18.9 billion, up 6% from the same quarter last year, driven by a year-over-year increase of $2 billion, or 33.6%, for package deliveries as volumes jumped by more than 25%.
“While the Postal Service believes that consumer behavior has evolved during the pandemic as the nation has increasingly relied on the safety and convenience of e-commerce, the Postal Service still expects this surge to partially abate as the economy continues to open,” USPS said in announcing its results. ....

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Shockingly Weak Jobs Report Spurs Partisan Clash

Plus, the USPS lost less money last quarter
Friday, May 7, 2021
Surprisingly Weak Jobs Report Spurs Clash Over Unemployment Benefits
The U.S. economy added 266,000 jobs in April, an impressive number in ordinary times but a huge disappointment for forecasters expecting to see about 1 million new jobs during the month as the recovery from the Covid-19 pandemic continued. The unemployment rate rose, too, increasing a tenth of a percentage point to 6.1%. And the previous month’s gains were revised downward by 146,000, from an increase of 916,000 to an increase of 770,000.
The rapidly reopening economy appears to be experiencing a labor shortage, with many business owners reporting that they are having trouble finding workers. “Demand is outpacing supply,” Daniel Zhao, an economist at Glassdoor, told the Associated Press. “That’s something that is occurring across the economy, in semiconductors to lumber, and we’re seeing a similar crunch in the labor mar ....

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U.S. Postal Service Reports Second Quarter Fiscal 2021 Results

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WASHINGTON, May 7, 2021 /PRNewswire/ The U.S. Postal Service today announced its financial results for the 2021 second quarter ended March 31, reporting a net loss of $82 million, compared to a net loss of approximately $4.5 billion for the same quarter last year, as a pandemic surge in demand for package deliveries was not enough to offset increased operating costs and a decline in revenue from mail services.
Excluding non-cash workers compensation adjustments for each period, the loss for the 2021 second quarter would have been approximately $1.7 billion, compared to a loss of approximately $1.9 billion for the same quarter last year. ....

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