Black Friday: The Economic Boost That Benefits Us All

Christian Intendencia (10) | STAFF REPORTER

In the past few years, Black Friday has been quietly slowing down. Instead of just being a one-day event, it’s now turned into weeklong sales that aren’t as high as they used to be. Snaking long lines in the early morning have disappeared. What was 60-80% off is now 30-50% off.

Many see it as a day to get discounts on clothes or do all the holiday shopping, but it’s also much more than that. It’s a chance for people who are struggling to afford basic necessities to get discounted essentials for themselves and their families, such as groceries and toiletries.

In our rapidly changing economy, nothing can truly ever be certain. But one thing will always be certain: Black Friday is an economic boost that benefits us all. More jobs are created since stores hire seasonal staff; as well, higher marketing efforts and discounted items lead to more sales, which overall sparks more economic growth.