Labour Day - Is it relevant in today’s time and time going forward, to be celebrated with a ‘holiday’?
Hemant Mundhra
CFO on Demand | Fractional CFO | Personal Finance for Common Man | Training on Finance
There are around 200 recognized countries globally and only approx. 70 countries observe Labour Day as a public holiday, that represents around 35% of the countries worldwide. This highlights that while Labour Day may be a significant day in many parts of the world, there are still numerous countries where it may not be observed as a public holiday.
Continue to celebrate Labour Day as a holiday may give one a false sense of satisfaction that labour conditions have improved over all these years, whereas in reality it is just observed to celebrate “an eight-hour workday.”
Rather, one needs to continue to rally around to talk on a regular basis about wage inequality, job security, and workers' rights among others to keep the original movement alive or reignite.
In my opinion, Labour Day's relevance as a holiday may have diminished in certain contexts, particularly in advanced economies where labour conditions have significantly improved compared to the past
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With Technology shaping the way we approach our work of today, Pandemic redefined the mode of working and shift of emphasis from manufacturing to service industries, here are my take on why Labour Day should not be celebrated as a “Holiday”: ?
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These points could help you develop a nuanced perspective on whether and how Labour Day should continue to be observed or if its format and focus might need to evolve to stay relevant.
Your Call, food for thought and comments
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