Federal holiday in the US is a day when workers have a paid day-off from their jobs. There are some holidays that are not federal holidays but are very popular to celebrate.
The first day of January is New Year's Day. People in the US sometimes spend this day watching college football games and parades.
On the third Monday in January, Americans celebrate Martin Luther King's birthday. Martin Luther King taught people to use peaceful demonstrations to change laws, instead of violence. Many laws were changed because of his work.

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