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Increase in Oregon's Minimum Wage to Take Effect on July 1 - New Jersey Local News
Wednesday, December 4, 2024
HomenewsIncrease in Oregon's Minimum Wage to Take Effect on July 1

Increase in Oregon’s Minimum Wage to Take Effect on July 1

PORTLAND Ore. (KPTV) — According to the Oregon Bureau of Labor and Industries, the state’s minimum wage will be going up on July 1. The new standard minimum wage will be $14.20 per hour, up from the current $13.50 per hour.

According to statements made by officials representing the state of Oregon, the minimum wage is required by law to undergo annual revisions on or before April 30.

After that, any changes to the minimum wage are chosen by increases in the U.S. City Average Consumer Price Index, also known as the “CPI,” for All Urban Consumers for All Items from March of the previous year to March of the following year.

In other words, any changes to the minimum wage are determined by price increases.

Following an Increase of 5% in the Cpi, the Minimum Wage is Raised.

The following is a list of wage increases:

  • The federally mandated minimum wage is now set at $14.20 an hour.
  • The minimum wage in the Portland metropolitan area is $15.45 per hour.
  • The minimum wage in non-urban areas is $13.20 per hour.

The city of Portland’s minimum wage is currently $1.25 higher than the standard, while the minimum wage in non-urban areas is $1 lower than the standard.

Sapna Pal
Sapna Palhttp://newjerseylocalnews.com
Hello viewers, my self sapna. I am working as a content writer from last 5 years. In https://newjerseylocalnews.com/ where i uptated fresh news of new jersey and some other area and provience of united state of america. For daily news of newjersey just visit my website https://newjerseylocalnews.com/
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