As observed widely around the innertubes, today's holiday commemorates the ending of the first world war in 1918. Here in the US we have decided to take the opportunity to also recognise all military veterans for their former service to the country.
To re-iterate, we memorialize those who died in military service on the last Monday of the month of May each year. We also celebrate the military service of those who survived the experience as well.
Please, do not continue to conflate the two events; I'm confused enough as it is.