Juneteenth means USPS, banks, stock market closed Monday

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Juneteenth means USPS, banks, stock market closed Monday
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What's closed for Juneteenth

two years earlier after Abraham Lincoln signed the Emancipation Proclamation, Axios' Ross Terrell reports.

This year, about 30% of private employers are offering Juneteenth as a paid holiday compared to 8% in 2020, according to survey data from the Wisconsin-based96% of businesses offering the day off started in 2020 amid discussions of racial injustice following the death of George Floyd, Julie Stich, vice president of content at the International Foundation of Employee Benefit Plans, told Axios.

based in Washington D.C., told Axios that people of all races should view June 19 as an American holiday — not one just for Black people. "Think about July 4th," Austion said. "We celebrate that day for American independence. Juneteenth represents our independence from ourselves. Now we all have the ability to pursue the Founding Fathers' vision."

“I think that Juneteenth being named a federal holiday is positive overall, but there are watch-outs here, too," Joshua DuBois, founder and CEO of insights platform Gauge, told Axios. "Juneteenth stems from the celebration of slavery’s end in this country."U.S. stock markets, banks and USPS are closed Monday for Juneteenth in 2022.Because Juneteenth became a federal holiday just days ahead of the holiday in 2021, there wasn’t time for many businesses, including the U.S.

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