Mortgage Master Service Corporation is closed today in observance of Labor Day and will reopen for business as usual on Tuesday morning.
Labor Day was first celebrated in 1882. From the United Stated Department of Labor:
Labor Day, the first Monday in September, is a creation of the labor movement and is dedicated to the social and economic achievements of American workers. It constitutes a yearly national tribute to the contributions workers have made to the strength, prosperity, and well-being of our country.
Last week, Christina Romer, the recently resigned White House Chair of Economic Advisors, stated
"We have tools that would bring unemployment down without worsening our long-run fiscal outlook, if we can only find the will and wisdom to use them".
During this Labor Day, I hope that those who are unemployed or under-employed find "labor" soon.