In 1889, 1st of May was chosen as the date for International Workers' Day by the Second International, to commemorate the Haymarket affair in Chicago and the struggle for an eight-hour working day.
International Workers Day is an annual holiday to celebrate the achievements of workers. Labour Day has its origins in the labour union movement, specifically the eight-hour day movement, which advocated eight hours for work & eight hours for recreation. It is observed in many countries on May 1 as an annual holiday to celebrate the achievements, impacts, inputs and contributions of workers to national growth and development.
Labour is an active factor of production. It is the factor that starts production. Land and Capital alone cannot start production because they are passive factors. Labor consists of the people who are responsible for the creation of goods and services (from beginning to end) and the effort, ideas, time, Intellectual property, skill, and technology they channel towards it.
Employers demand labor because workers are an important part of the production process. Workers use tools and equipment to turn inputs into output. Without workers, employers couldn't produce goods and services and earn profits.
In Nigeria, Monday-May 1, has been declared a public holiday to mark this year's Workers Day celebration. Minister of Interior, Rauf Aregbesola, disclosed this on Friday.
Note- May 1 is the 121st day of the year in the Gregorian calendar, also signifies the return of spring. Don't forget to wash your face in dew on the morning of May 1 for good luck.
https://www.linkedin.com/posts/h-amb-prince-samuel-adesegun-egunjobi-70526921a_my-utmost-respect-for
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