Current:Home > InvestWhat's closed and what's open on Juneteenth 2023 -Aspire Financial Strategies
What's closed and what's open on Juneteenth 2023
Burley Garcia View
Date:2025-04-09 03:13:49
Monday, June 19, marks the third time Juneteenth is observed nationwide as a federal holiday.
A commemoration of the end of slavery in the United States, Juneteenth is also called Freedom Day or Emancipation Day, and its roots date back more than 150 years. The origins of Juneteenth stem from an important date after the Civil War — June 19, 1865 — when the Union General Maj. Gen. Gordon Granger arrived in Galveston, Texas, to inform the country's last enslaved people that they had been freed under the Emancipation Proclamation. Even though the proclamation had passed years before, that day in 1865 is remembered as the effective conclusion to centuries of slavery in America.
As the Black Lives Matter movement gained renewed momentum in 2020, so did public interest in the significance of Juneteenth and calls for its recognition on a national scale. The following summer, President Joe Biden signed legislation that officially declared Juneteenth a federal holiday, which falls annually on the 19th of June.
With the law's passage, Juneteenth became the 12th federal holiday formally recognized by the U.S. government. And, while people across the country attend parades and festivals to celebrate Juneteenth over the long weekend, a number of government agencies, including some state governments, are closed in observance.
Banks
All non-essential federal offices will be closed on Monday, as they typically are during other federal holidays, meaning federal courts and banks will not operate as usual. State governments and related non-essential offices in places like New York, where Juneteenth is recognized as a state holiday in addition to a federal one, will close as well. Although most ATMs should remain open for normal use, the largest banks, like JP Morgan, Wells Fargo and Bank of America will not because they follow the yearly calendar set by the Federal Reserve Bank, and that complies with the national holiday schedule.
Wall Street
Neither will the stock market, which remained open during the inaugural Juneteenth federal holiday in 2021. Wall Street acknowledges the holiday this year, with NASDAQ confirming last month that the stock market will be closed to observe Juneteenth on Monday, like it was in 2022. The New York Stock Exchange will not be open for regular trading, either.
Mail and postal services
Some postal services pause operations on Monday to observe Juneteenth, but not all. The U.S. Postal Service is closed Monday, so mail sent through the carrier will not be delivered before Tuesday at the earliest, but UPS will continue to operate as usual, despite acknowledging Juneteenth on its latest annual holiday calendar. FedEx will also continue services during regular hours on Monday.
Schools
Public, and many private, schools across the country are closed Monday for the holiday, with the U.S. Department of Education confirming in an announcement earlier this month that all federal offices, most Federal Student Aid processors and contact centers would be closed. Because around half of U.S. states still do not recognize Juneteenth as a state holiday, according to Pew Research Center, school and government office closures can vary locally. In New Jersey, which passed a law declaring Juneteenth a state holiday before the federal law passed in 2021, observes Juneteenth on the third Friday of June, rather than June 19 annually. Because of this, schools, state courts and other government offices are closed there on Friday instead of Monday.
Private businesses
Many employees within the private-sector are also given Monday off from work to observe Juneteenth. Private-owned restaurants and retail venues can decide whether to remain open or not, and, although large brands like Starbucks, Nike and Target announced in previous years their decisions to recognize Juneteenth as an official company holiday, for the most part, their individual stores continue to operate during regular business hours. Whether or not large retail and grocery stores, many of which also recognize the Juneteenth holiday, remain open for business Monday varies by company.
The electronics retailer BestBuy, for example, acknowledges Juneteenth as a company holiday, and offers some employees paid time off while keeping its stores open. Costco warehouses, which only close to observe seven national holidays annually, are also open on Juneteenth, according to the wholesaler's website.
Target has recognized Juneteenth as a company holiday since 2020, saying in a statement that employees can decide to "observe the day however they prefer, through education, service or celebration," but its stores do not close in observance. The grocery chain Trader Joe's, which has indicated it will close stores early on July 4 to allow staff to prepare for celebrations, are operating on a normal schedule Monday as well. Walmart stores are open until 11 p.m.
The outdoor gear company REI is open on Juneteenth, according to its website, although Patagonia's U.S.-based stores are closed, the retailer said in an Instagram post.
View this post on InstagramA post shared by Patagonia NYC (@patagonianyc)
- In:
- Juneteenth
- Nasdaq
- USPS
- Education
veryGood! (84)
Related
- Meet first time Grammy nominee Charley Crockett
- Wildfires are growing under climate change, and their smoke threatens farmworkers, study says
- US Army intelligence analyst pleads guilty to selling military secrets to China
- Have you noticed? Starbucks changed its iced coffee blend for the first time in 18 years
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Rare mammoth tusk found in Mississippi is a first-of-its-kind discovery
- A slain teacher loved attending summer camp. His mom is working to give kids the same opportunity
- Hurricane Ernesto to strengthen; Bermuda braces for 'the power of nature'
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Efforts to return remains, artifacts to US tribes get $3 million in funding
Ranking
- B.A. Parker is learning the banjo
- Clint Eastwood's Son Scott Shares How Family Is Doing After Death of Christina Sandera
- Video shows 2 toddlers in diapers, distraught in the middle of Texas highway after crash
- Naomi Osaka receives US Open wild card as she struggles to regain form after giving birth
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- The Sunscreen and Moisturizer Duo That Saved My Skin on a Massively Hot European Vacation
- 'Emily in Paris': How the Netflix comedy gets serious with a 'complex' Me Too story
- Jim Harbaugh wants to hire Colin Kaepernick to Chargers' coaching staff. Will the QB bite?
Recommendation
Former Syrian official arrested in California who oversaw prison charged with torture
A slain teacher loved attending summer camp. His mom is working to give kids the same opportunity
Ryan Reynolds on his 'complicated' relationship with his dad, how it's changed him
'It Ends With Us' shows some realities of domestic violence. Here's what it got wrong.
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
Hurricane Ernesto aims for Bermuda after leaving many in Puerto Rico without power or water
'Alien: Romulus' movie review: Familiar sci-fi squirms get a sheen of freshness
Artists who object to Trump using their songs from Celine Dion and Isaac Hayes’ estate: How it works