Happy Labor Day from the team at Best Credit RX!
What is Labor Day, and why do we celebrate it? Is it simply a way to mark the unofficial end of summer? Is it a way to honor people in our history? Let’s take a closer look at the origins and meaning of the holiday and how to celebrate it in 2022.
The History of Labor Day
Labor Day is always celebrated on the first Monday of September, like today. But this observance didn’t become a federal holiday until 1894, when President Gover Cleveland signed it into law. But the day had a long road to get to that point.
Unlike many of our other national holidays, like Memorial Day, that honor the military, this observance began as a response to the Industrial Revolution. In the late 1800s, it wasn’t unusual for workers to spend 12 hours a day, seven days a week, in factories or mills. Even children worked under these conditions.
As manufacturing outpaced agriculture as our dominant economic driver, workers started to protest or strike for better working conditions. Local organizations began to suggest a “Working Man’s Holiday” where everyone would have a day off from their labor.
Of course, we have since established more prominent labor laws and moved on from the industrial age to the digital age, but we still celebrate Labor Day every September.
How to Celebrate Labor Day with Your Family
Labor Day has taken on the role of an unofficial end-of-summer celebration. Many families and communities around the country spend the day hosting picnics, cookouts, or neighborhood parties. In what ways can you celebrate the holiday with your family this year?
- Attend an outdoor festival or even in your community
- Host a party for friends and family
- Spend a lazy day at home reading, watching movies, and cooking together
- Bring canned goods to your local food pantry
- Volunteer with a local organization
Honor Your Personal Labor through Financial Goals
Because Labor Day is centered around our shared labor, this holiday is a great time to sit down and review your personal financial goals. Are you where you thought you would be with your credit card debt or income? We know times are hard in the current economy, and the Inflation Reduction Act passed by congress may alleviate some of our financial concerns, but it may not be enough.
Now is a great time to talk to someone about your financial health. Taking this first step, you’re on your way to being your own financial superhero.
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