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Labor Day is the New Black Friday. But Bigger.

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Two things Labor Day is always good for: an excuse to eat a hot dog, should we you be looking for one, and a shit ton of sales. In fact, sale site Shop It To Me is reporting that based on the data they collected in 2011, it's the biggest sale holiday of the year. That's including Black Friday and Cyber Monday, y'all.

Shop It To Me, a website that sends you notification when your favorite brands go on sale, crunched numbers from more than than 150 online retailers last year. Here's the breakdown of average percent off per holiday:

Labor Day: 48.4%
President's Day: 46.7%
Columbus Day: 45.2%
New Year's Day: 44.2%
Independence Day: 43.5%
Memorial Day: 42:

Black Friday and Cyber Monday average about 41-42% off.

So, that's good news! Now, what should you shop for? According to Shop it To Me, August and September are the best time to shop online for "women’s jeans, bags, shoes, outerwear, sweaters, jewelry, accessories, swimwear, and sunglasses." So, basically everything except your winter parka.

The downside, of course, is that the summer merch can be pretty well picked over by the time Labor Day rolls around. So if you see something you love in an end-of-summer sale, we recommend grabbing it while it's in your sights. Summer sale discounts are pretty steep already at this point (have you seen our Dealfeed Radar recently?), so chances are you're already getting a good deal.

But if you're on the prowl for cheap wardrobe filler, or just in the mood for some good, old-fashioned bargain hunting, rest up: Labor Day is just a week away.

· This Labor Day, celebrate your inner sales buff [Shop It To Me]
· All sales coverage [Racked]