Happy Labour Day, retailers! We know, we know. You would rather be sipping margaritas by the pool than reading our blog posts. However, before you get your tan educate yourself with these 6 feel great truth about Labor Day and America’s recent labor condition. You’ll be more proud of the work you do, making your 3-day weekend that much sweeter.
1. ) If Labor Day did not exist, you would be working 12 hours a day
Labour Day started in Ontario during the 1870’s when employees went on strike to operate less than 12 hours every day (they pushed for 9 hours!) . It then spread to New York City where 10,000 employees took unpaid leave and marched from City Hall to 42nd street.
2. ) Thank Oregon to your 3-day weekend!
In 1887, Oregon was the first state to make Labor Day a public holiday. Then came Colorado, New York, Massachusetts, and New Jersey- and then the rest followed. President Grover Cleveland was the person who signed into law a bill stating that the first Monday in September is going to be called”Labor Day.”
3. Labor Day is when dreams come true
On Labor Day in 1955, the very first Waffle House opened in Avondlae Estates, Georgia. Now, Waffle House has over 1500 institutions across the USA. Discuss hard labor!
4. ) As a merchant, you dominate the workforce
Retail salespeople would be the largest occupation in America. This is followed by cashiers, food preparation/serving employees, and then office clerks. Interesting fact: In 1910, farm owners and renters were the largest occupation in the U.S. workforce.
5. ) The U.S. unemployment rate is decreasing
Over the last 12 months, the unemployment rate has declined by 1.1percent while the amount of unemployed people decreased by 1.7 million. With more people getting paid, there is more money to be invested in the local market. Woohoo!
6. Earnings are projected to rise for the remainder of 2014
You may have believed that business did not actually”boom” this summer, but economists are optimistic about retail sales for the remainder of the year. The amount which customers spend will be on the rise, they said.
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