Almost half of the U.S. Postal Service's employees are over 50, a far higher number than that of any Fortune 500 company.
The Postal Service's proportion of over-50 employees is 10 percentage points higher than any Fortune 500 company and nearly double the average, according to a recent study.
In USPS Workforce Has More Gray Hairs Than the Fortune 500, I contrasted the study's results to some Postal Service numbers without being aware that USPS publishes exact data on the age of its workforce. (Thanks to Brian Sheehan of Postalnews.com for pointing out that page 4 of the "HAT" report has the numbers.)
The report shows that more than 49% of USPS employees are over 50. Fifty-something postal workers outnumber the 40-and-under crowd by more than 2 to 1. More than 1 in 10 Postal Service employees is over 60.
Some have questioned whether yesterday's article was an attack on the Postal Service or its employees. Nope. I'm just presenting facts that are crucial to understanding the U.S. Postal Service and that have significant implications for such matters as its future retirement rates and health-insurance costs.
Sunday, 5 June 2011
It's Official: Postal Service Has More Older Workers Than Any Fortune 500 Company
Posted on 09:05 by Unknown
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