New Year's Day Holiday

harrierdoc

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8:52a, 1/2/23

AG

Why is it a holiday? Why should every governmental office and bank be closed today?

BQ_90

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11:33a, 1/2/23

AG

If the holiday falls on Saturday then the federal holiday is observed on Friday, if on Sunday then the Holliday is observed on Monday

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harrierdoc

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11:50a, 1/2/23

AG

Correct I understand how the holiday is set, but why is it a holiday in the first place?

BQ78

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12:10p, 1/2/23

AG

It was one of the first four holidays created by Congress in 1873. The reason probably derives from Julius Cesar declaring it a holiday to honor the god Janus.

cavscout96

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12:50p, 1/2/23

AG

Because everyone would usually be to hungover to be productive anyway.

harrierdoc

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In reply to cavscout96 • 1:22p, 1/2/23

AG

This is kind of what I assumed. And I can get it if January 1 is a workday, but it seems foolish to have today a holiday for government and banks.