State Announces Minimum Wage Increases

State Announces Minimum Wage Increases

PublIshed on Apr 20, 2023

(Portland, OR) — Pursuant to ORS 653.025(5), Commissioner Stephenson determined that the minimum wage rates in Oregon will increase on July 1, 2023. Raising the minimum wage can increase worker productivity, reduce absenteeism, and strengthen recruitment and retention of employees, which is a critical component of addressing Oregon’s workforce shortage1.

The minimum wage rates will increase as follows:

  • Standard Minimum Wage: $14.20 per hour
  • Portland Metro Minimum Wage: $15.45 per hour
  • Non-Urban Minimum Wage: $13.20 per hour

    The law requires an adjustment to the minimum wage to be calculated no later than April 30 of each year based upon any increase in the U.S. City Average Consumer Price Index (“CPI”) for All Urban Consumers for All Items from March of the preceding year to March of the year in which the calculation is made. This amount is required to be rounded to the nearest five cents.

    The current standard minimum wage rate is $13.50. Based on an increase in the CPI of 5.0% from March 2022 to March 2023, the calculation used for determining the standard minimum wage rate as of July 1, 2023 is as follows:

    $13.50 X .05 = $0.675, rounded to $0.70.

    The Portland metro minimum wage is $1.25 more than the standard minimum wage, and the non- urban minimum wage is $1.00 less than the standard minimum wage.

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https://www.cbo.gov/system/files/2019-07/CBO-55410-MinimumWage2019.pdf

 

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Led by Labor Commissioner Christina Stephenson, the Bureau of Labor and Industries protects employment rights, advances employment opportunities, and protects access to housing and public accommodations free from discrimination for all Oregonians.

www.Oregon.Gov/BOLI

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