The U.S. Postal Service announced on April 24 that it had reached a tentative five-year agreement with the National Association of Letter Carriers. The union represents approximately 238,000 letter carriers, who still need to vote upon the agreement.
The agreement offers a 1.8% wage hike retroactive to this past November, when the previous agreement expired. The letter carriers would then receive a 1.5% raise this coming November, a 1.2% increase in November 2003, a 1.3% increase in November 2004, and another 1.3% raise in November 2005.