1. Not So Fast

    USPS Won’t Close Rural Outposts

    Letter carrier Felipe Raymundo moves a tray of mail to his truck to begin delivery Monday, Dec. 5, 2011, at a post office in Seattle. The cash-strapped U.S. Postal Service said Monday it is seeking to move quickly to close 252 mail processing centers and slow first-class delivery next spring, citing steadily declining mail volume. The cuts are part of $3 billion in reductions aimed at helping the agency avert bankruptcy next year. The plant closures are expected to result in the elimination of roughly 28,000 jobs nationwide. (AP Photo/Elaine Thompson)

    Elaine Thompson / AP Photo

    Small-town America will still get its mail after all. The U.S. Postal Service announced Wednesday that it was backtracking on a previously announced plan to close some 13,000 rural post offices, instead saying that it will cut hours at the facilities to save $500 million a year. The cuts received major backlash when announced, forcing the USPS to go with a different plan—keeping post offices open for just two hours, six days a week, shifting thousands of employees from full-time to part-time work. Small communities will have the option of keeping their outpost open as a “village post office” run by a private company, or closing it completely. Officials expect most towns to choose the former.

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