Saturday, November 7, 2015

Minimum wage hike: Hidden costs of compensation

Oregon currently has the second-highest minimum wage in the nation, behind only Washington State. That is due largely to the 2002 passage of Measure 25, a Constitutional amendment that raised the wage and requires it to be increased annually to adjust for inflation as it is measured by the Consumer Price Index (CPI). --Since then, Oregon’s minimum wage has increased, from the $6.90 per hour level set in 2002, to the current $9.25 per hour...

Read more at the Oregon Catalyst
(Hat tip: KimR)

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