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What's open on Labor Day? Most retailers. Closed? Government, banks and the stock market.
AP News • • business
Key Points:
- Labor Day originated in the late 19th century to honor workers, with the first U.S. celebration held in New York City on September 5, 1882, involving a parade of about 10,000 workers.
- The holiday became official in 1894 when President Grover Cleveland signed a law designating the first Monday of September as Labor Day.
- On Labor Day, government offices, post offices, courts, schools, banks, and the stock market are closed, while most major retailers and grocery stores remain open, often with promotional sales.
- Travel remains popular despite higher fuel prices and rising costs, with AAA reporting nearly 20% higher flight prices and increased hotel rates, though cruises from U.S. ports are about 4% cheaper than last year.
- AAA advises travelers to monitor weather conditions, inspect their vehicles before road trips, and carry emergency supplies such as water, snacks, a flashlight, and jumper cables.
