USPS Update

The Postal Service and its two largest unions must agree on a new labor contract before tomorrow's deadline, according to a Postal Service press release. That date has been pushed back twice already. The contracts with the National Association of Letter Carriers, and the National Postal Mail Handlers Union expired in late November. The Postal Service wants the power to layoff workers and make other workforce decisions it needs to remain solvent. If negotiations fail, a process begins in which a third party could determines contract terms and work rules for a combined 240,000 employees.