USPS has more than 600,000 employees, and instead of relying on taxpayer dollars, the agency depends solely on revenue from stamps and additional fees.
A new price increase from the United States Postal Service (USPS) started over the weekend. USPS increased the price of First-Class Mail Forever stamps from $0.58 to $0.60, a 3.4 percent price hike, in April 2022. This means the cost of First-Class Mail is now 6.5 percent higher but lower than the current inflation rate based on what the agency has reported.
With inflation in mind, every additional ounce for a letter rose from $0.20 to $0.24, while the cost of domestic mailing postcards rose from $0.40 to $0.44. The cost for sending a 1-oz. international letter rose from $1.30 to $1.40.
USPS has more than 600,000 employees, and instead of relying on taxpayer dollars, the agency depends solely on revenue from stamps and additional fees.
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