July 24, 2024

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Oregon Minimum Wage 2024 Increase Rate

Oregon Minimum Wage 2024 Increase Rate. The minimum wage will increase 50 cents based on inflation to the following: Starting july 1, minimum wage workers in oregon will see an increase in pay.


Oregon Minimum Wage 2024 Increase Rate

Oregon’s minimum wage rate is linked to a consumer price index, which is intended to raise the rate along with inflation. Looking back at the progression of minimum wage rates provides valuable insights for employers to forecast trends and prepare for future changes.

Oregon’s Bureau Of Labor And Industries Announced Tuesday That The Minimum Wage In The Portland Area Will Rise To $15.95.

Oregon's minimum wage rate is linked to a consumer price index, which is intended to raise the rate along with inflation.

Oregon Minimum Wage 2024 Per Hour Chart.

Beginning july 1, 2023, the minimum wage rate was indexed to inflation based on the consumer price index (cpi), a figure published by the united states bureau of labor statistics.

Oregon Minimum Wage 2024 Increase Rate Images References :

Enacted By The 2016 Oregon Legislature, Senate Bill 1532 Establishes A Series Of Annual Minimum Wage Rate Increases Beginning July 1, 2016 Through July 1, 2022.

For july 1, 2024 through june 30, 2025, those rates are:

Oregon’s Baseline Minimum Wage Will Climb From.

Here’s a rundown of oregon’s minimum wage rates from 2014 to 2023, with the 2024 rate yet to be determined: