PORTLAND, Ore. (AP) – The state Bureau of Labor and Industries says more than 140,000 Oregon workers will get a pay raise when the minimum wage goes up the first of the year.
It’s a 15-cent an hour hike, from $9.10 to $9.25. It will affect 141,822 people, roughly 8% of Oregon’s workforce.
The increase means Oregon will have the nation’s second-highest minimum wage behind Washington. Oregon’s minimum wage is re-calculated each year as the result of a voter-passed state law that ties it to inflation.
For minimum wage earners working 30 hours a week, the raise translates into $234 more in 2015.
The increase is expected to generate more than $25 million in new consumer spending next year.
The federal minimum wage is $7.25.