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The winners and losers of Leap Years (Fall on)
Feb 29, 2024
Learn about the impacts of Leap Years on birthdays, economic statistics, and worker wages. Discover who the winners and losers are, from financial implications to gaining an extra day for learning English. Explore how leap years affect workdays, holidays, and the movement of annual celebrations.
19:30
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Quick takeaways
- Leap years impact individuals with February 29 birthdays, affecting systems and identities.
- Financial implications of leap years vary, affecting expenses, interest rates, and stock market performance.
Deep dives
The Concept of Leap Day and its Occurrence
Leap Day, which occurs every four years, like in 2024, is a unique day because it is an extra day added to the calendar to account for the Earth's movement around the Sun. The year 2052 is the next time February 29th will fall on either a Monday or Thursday. The Gregorian calendar, used globally, adapts well to the Earth's orbit by designating leap years as those divisible by 4, like 2024 or 2020, except for centennial years divisible by 400 such as 2000. This adjustment maintains the calendar's alignment with the solar cycle.
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Discover
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