"From borrowing one gets poorer and from work one gets richer." - Isaac Bashevis Singer

When is Labor Day?

By , August 9th, 2018 | No Comments

when is labor day

Labor Day is a federal holiday. It recognizes the achievements of the American workforce and the hard work they put in to help the country prosper.

You may be wondering when is Labor Day? For 2018, Labor Day is on September 3rd. Often, the holiday marks the unofficial end of summer. In most cases, children return to school around Labor Day, and the weather tends to get cooler. At times, depending on your location, you may even see signs of fall approaching. Leaves may begin to turn colors.

Many people decide to take advantage of the holiday. They spend time outside, make a last trip to the beach, or simply gather with friends and family to enjoy a relaxing day together.

When is Labor Day?

Labor Day is always celebrated on the first Monday in September. Since it is a holiday based on a day of the week and not a specific day, the actual date can vary from one year to the next.

While it falls on September 3rd in 2018, that isn’t always the case. This can lead to some confusion because it isn’t as consistent as set holidays.

Here’s where Labor Day falls during the following five years:

  • September 2, 2019
  • September 7, 2020
  • September 6, 2021
  • September 5, 2022
  • September 4, 2023

While certain holidays are largely set, like New Year’s Day, Independence Day, and Veterans Day, when those holidays are recognized can actually vary.

For example, in 2020, the 4th of July falls on a Saturday. This means federal employees will receive Friday, July 3rd off from work, and many government offices will not be open that Friday.

What Will be Closed on Labor Day?

Since Labor Day is a federal holiday, some places may close in recognition of the event. However, closures aren’t as widespread for Labor Day as they are for certain other holidays, such as Thanksgiving or Christmas.

In most cases, retail stores are open on Labor Day. In fact, many of them hold special sales in celebration of the holiday. Discounts may be available on summer items, including outdoor furniture and grills, since the warmer time of year is ending. Similarly, summer attire and shoes are usually on sale.

You may also find deals on some back-to-school items, including computers. Mattress sales are also common, making it a great time to find a bargain.

However, don’t plan on heading to Costco on Labor Day, as that is one retailer that will close for the holiday.

Chain restaurants and grocery stores are also typically open as well as drug stores. However, independent restaurants, grocers, or pharmacies may choose to close, so you’ll want to contact those locations if you were hoping to stop by on Labor Day.

Typically, gas stations open on Labor Day. Many people travel by car during the holiday, so they usually anticipate a reasonable amount of business.

It is important to note that even chain or large retailers may choose to close early on Labor Day. This can vary by location, so you’ll want to contact your local store to see if they will be using a holiday schedule.

What About Government Offices?

Since Labor Day is a federal holiday, most government offices will close. All non-essential staff generally receive a day off with pay, so there isn’t a large enough workforce available to support customers.

Similarly, post offices also close. There will be no mail delivery on September 3, 2018, and the customer service desks will not open. However, you may still have access to your P.O. box or self-service kiosks.

Do Schools Close for Labor Day?

In most cases, both public and private schools close on the Labor Day holiday if they are already back in session. This means children will not attend classes that day, no matter their grade level.

Colleges and universities also will not be open typically. However, certain school facilities may be accessible. Students should check with their school to see if cafeterias, student centers, and similar offerings will be available before the holiday, giving them a chance to plan ahead.

Does the Stock Market Close?

On Labor Day, the US stock markets close. This includes the New York Stock Exchange (NYSE) and the NASDAQ. SIMFA, the bond market, is also not open.

However, international stock markets are open. This includes the London, Shanghai, Tokyo, and Hong Kong exchanges.

Will Banks be Open on Labor Day?

By and large, banks, credit unions, and other financial institutions close for all federal holidays, including Labor Day. However, you may still be able to manage certain transactions.

For example, ATMs are often available 24/7, regardless of a holiday. Certain online banking transactions may also go through, such as moving money between a savings and checking account if both accounts are in your name and with the same bank.

However, a variety of transactions likely won’t go through on a holiday. This can include bank-to-bank transfers, check deposits, and direct deposits.

If you need to interact with a government agency, handle a banking transaction, mail a package, manage a stock market trade, or accomplish any tasks at a location that will close on Labor Day, then you need to handle it in advance. Since Labor Day is on a Monday, visits to government offices and stock market transactions might need to happen on Friday, August 31, as many of them aren’t open on weekends.

You may be able to visit a post office or financial institution on Saturday, September 1st, but only if your local branch is open. Check their schedules to see if Saturday assistance is available and, if not, make plans to handle your tasks on Friday.

What are your plans for Labor Day? Tell us about them in the comments below.

Looking for more great articles? Give these a try:

If you enjoy reading our blog posts and would like to try your hand at blogging, we have good news for you; you can do exactly that on Saving Advice. Just click here to get started.

Get Your FREE Book Now

Enter your name and email address to get your FREE copy of "Guide to Shopping at Costco."

We won't send you spam. Unsubscribe at any time. Powered by ConvertKit
What did you think about this article?
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

Leave a Reply


Sign up for the "Saving Advisor" newsletter (Weekly)
Google Plus

Subscribe by email:

Related Articles

Previous Years Articles

Today, last year...

Copyright © 2018 SavingAdvice.com. All Rights Reserved.