The Envelope Manufacturers Association (EMA) Foundation’s Institute for Postal Studies is releasing its 2023 U.S. Mailing Industry Economic Job Study, which reveals overall industry impact remains strong thanks to growth in e-commerce driven parcel delivery.
In 2022, the industry accounted for approximately 7.9 million jobs and $1.9 trillion in sales revenue. This includes employment at the U.S. Postal Service (USPS), private delivery companies, printers, publishers, packaging manufacturers, and paper manufacturers that rely on the Postal Service as a supply chain partner.
Key U.S. mailing industry findings include:
*7.9 million jobs represent 5% of the country’s total civilian labor force
*$1.9 trillion in sales revenue accounts for 4.1% of U.S. total output
*Overall jobs increased 8% from 2018 to 2022 due to more packaged products being delivered through the mail stream
*From 2018 to 2022, jobs associated with traditional mail (which continues to provide the majority of USPS volume and revenue) dropped by 7%, totaling a loss of 409,400 jobs, whereas packaging jobs grew by 65% or almost 1 million jobs.
*Private sector delivery (UPS, FedEx, last mile delivery services, etc.) has grown 57% since 2018 due to parcel delivery, which accelerated during the pandemic thanks to online shopping and remote working
more at: https://www.piworld.com/article/report-us-mailing-industry-remains-economic-powerhouse/