Meaning of the word "Labor Day" in English

What does "Labor Day" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

Labor Day

US /ˈleɪ.bər deɪ/
UK /ˈleɪ.bər deɪ/

Noun

a public holiday in many countries, typically in early September in the US and Canada, and on May 1st elsewhere, to celebrate the achievements of workers

Example:
We always have a family barbecue on Labor Day.
Many businesses are closed on Labor Day.