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. Additional states—including Washington, Oregon, Colorado, Arizona, Missouri, Michigan, and Maine—have approved minimum wages ranging from $12 to $14.75 an hour.The benefits of gradually phasing in a $15 minimum wage by 2024 would be far-reaching, lifting pay for tens of millions of workers and reversing decades of growing pay inequalityBased on, the Raise the Wage Act would have the following benefits:. Gradually raising the federal minimum wage to $15 by 2024 would lift pay for nearly 40 million workers— 26.6 percent of the U.S. Workforce. Affected workers who work year round would earn an extra $3,000 a year—enough to make a tremendous difference in the life of a preschool teacher, bank teller, or fast-food worker who today struggles to get by on around $20,000 a year.
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Two-thirds (67.3 percent) of the working poor in America would receive a pay increase if the minimum wage were raised to $15 by 2024. A $15 minimum wage would begin to reverse decades of growing pay inequality between the lowest-paid workers and the middle class. For example, failure to adequately increase the minimum wage accounts for 48 percent of the increase in inequality between women at the middle and bottom of the wage distribution since 1979.
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A $15 minimum wage by 2024 would generate $120 billion in higher wages for workers and would also benefit their communities.
Oregon's state minimum wage rate is $11.25 per hour.This is greater than the of $7.25. You are entitled to be paid the higher state minimum wage.The minimum wage applies to most employees in Oregon, with limited exceptions including, some student workers, and other exempt occupations.The Oregon minimum wage was last changed in 2008, when it was raised $3.30 from $7.95 to $11.25.Oregon's minimum wage rate is linked to a Consumer Price Index, which is intended to raise the rate along with inflation.
The current minimum wage rate is re-evaluated yearly based on these values.Oregon's current minimum wage is $11.25 per hour. Since 2003, Oregon's minimum wage has been adjusted yearly for inflation on January 1 by a calculation using the U.S. City Average Consumer Price Index for All Urban Consumers for All Items. In addition to any Oregon-specific minimum wage exemptions described above, the Federal Fair Labor Standards act defines special minimum wage rates applicable to certain types of workers. Frequently Asked Questions - Oregon Minimum Wage & Labor LawWhat is the Oregon minimum wage?The current Oregon minimum wage of $11.25 per hour is the lowest amount a non-exempt employee in Oregon can legally be paid for hourly work. Special minimum wage rates, such as the 'Oregon waitress minimum wage' for tipped employees, may apply to certain workers. How much will I earn working a minimum wage jobin Oregon?A full time minimum wage worker in Oregon working 40 hours a week, 52 weeks a year, will earn $90.00 per day, $450.00 per week, and $23,400.00 per year 1.
The national poverty line for a family unit consisting of two people is $16,020.00 per year. What is the Oregon under 18 minimum wage?Oregon employers may pay 18 year olds and minors the youth minimum wage of $4.25 for the first 90 days of employment. Other labor law exemptions for minors in Oregon may exist. I still can't find the answer to my question about the Oregon minimum wage!If you have read the and still cannot find the information you need, please with your question.1 These earnings estimates do not account for the, federal income tax, or local/municipal income taxes.2 Poverty line for a family of two in the lower 48 published 2016 by theLabor Law Footnotes, Sources & Citations:. The weekly earnings estimate of $450.00 is based on a standard 40-hour workweek. The yearly earnings estimate of $23,400.00 is based on 52 standard 40-hour work weeks.
Since most hourly employees don't work full time and/or take time off, actual yearly earnings will likely be lower.