California Business Minute™

Hi, I am Tim Johnson and welcome to the California Business Minute.
 
Labor Day was first observed in 1894 after Congressed passed legislation and
president Grover Cleveland signed it into law.

Today, over 152 million Americans, people between the ages of 16 and 65 who
are in the nation’s labor force will celebrate with the day off.  Included in this are
17 million Californians that are part of these labor ranks and they too will partake
in this celebration.

An interesting fact from the U.S. Census Bureau is that 4 is the median number
of years that employees have been in their current jobs.  About 9 percent of the
labor force has been with their employer longer than 20 years.

Celebrate the day!

I am Tim Johnson and this has been the California Business Minute.