Oregon’s governor proposes massive minimum wage hikes

Oregon Governor Kate Brown

Oregon Governor Kate Brown has proposed wage hikes that would set hourly pay at a minimum of $13.50 by 2022.

Brown has proposed a two-tiered system that would increases wages in Portland to $15.52 over the next six years, while other areas receive a minimum of $13.50.

The state’s current minimum wage is $9.25.

The plan must be approved by state legislators. Thirteen states including California and Vermont, have already promised to boost minimum wages in 2016.

The National Employment Law Project says 14 cities, counties, and state governments have already approved an increase to $15 per hour.

The $15 minimum wage increase will occur over several years, allowing businesses to acclimate to the change.

Politicians at the local, state, and federal level have been feeling increased pressure to raise minimum wages by advocacy groups and unions over the last year.

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Written by Peter Mondrose

Peter Mondrose

Peter Mondrose is the Editor-In-Chief at BusinessPundit. He received his degree in Economics in 1998 and a second degree in Journalism in 2004. He has served as a financial adviser, market trader, and freelance journalist for the last 11 years. When he's not investigating market conditions and reporting on workplace news, he can be found traveling with his wife, dog, and laptop. He can be reached at PeterMondrose@BusinessPundit.com or (929) 265-0240.