Veterans Day is officially designated as a federal holiday in the United States under federal law (5 U.S.C. 6103). This legal status requires that non-essential federal government offices and agencies be closed on this day. As a result, federal employees are entitled to a paid day of leave.
The observance is fixed on November 11 each year. While its status as a federal holiday directly impacts only federal institutions, it also leads to the widespread closure of state and local government offices, courts, and public schools. However, observance at the state and local level is determined by local jurisdictions and can vary. In the private sector, there is no legal obligation for employers to grant employees the day off. Consequently, many private businesses, especially in the retail and service industries, remain open. When November 11 falls on a non-workday (Saturday or Sunday), the federal government observes the holiday on the adjacent weekday.
The practical implication of this federal designation is the nationwide closure of federal services, including the U.S. Postal Service and federally chartered banks. While many commercial banks also close, the day's impact on the private sector is inconsistent. For the public, this means that while government and educational activities are largely paused, commercial and private business operations often continue as usual, distinguishing it from other major holidays like Thanksgiving or Christmas Day.