International Labour Day celebrated globally

May 2, 2016 12:07 IST

May-dayInternational Labour Day was celebrated on 1 May 2016. The theme of the Day of 2016 is Celebrating the international labour movement. This is also known as International Worker's Day and May Day.

The theme assumes further significance with economic relationships undergoing rapid change in the emerging global economic order.

Giving due importance to the significance of the day about 80 countries across the world declared it as national holiday.

Labour is one of the four key factors of production along with Land, Capital and organisation.

Effectiveness of workforce is the key to economic growth. May Day reminds all concerned of the need to ensure welfare of workers.

Background

• It is a celebration of labourers and the working classes that is promoted by the international labour movement, socialists, communists and anarchists.

• The date was chosen for International Workers' Day by the Second International, a pan-national organization of socialist and communist political parties, to commemorate the Haymarket affair, which occurred in Chicago on 4 May 1886.

• The first demand for an eight hour working day and better working conditions gained momentum in early 19th century.

• The agitation of workforce met with success in Britain by 1847. On the first of May in 1886, four striking workers of a harvesting plant at Haymarket in Chicago were killed in police firing.

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Quick Digest

Who: International Labour Day

What: Celebrated

When: 1 May 2016

Is this article important for exams ? Yes6 People Agreed

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