Tags: Minimum Wage | minimum wage | living wage | oregon

What's the Difference Between Minimum Wage and Living Wage in Oregon?

By    |   Thursday, 28 Jan 2016 07:41 PM

Minimum wage in Oregon is $9.25 per hour, the second highest in the nation, whichis  substantially higher than the federal minimum wage of $7.25 per hour. Oregon's minimum wage received an increase of 15 cents from the previous rate as of Jan. 1, 2015, based on an increase in the Consumer Price Index, which tracks the cost of goods and services.

Approximately 8 percent of Oregon's workforce earns the minimum wage, according to Oregon's Bureau of Labor and Industries.

Although the minimum wage is much higher than that of many other states, however, it still does not represent a living wage in Oregon for most people.

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The Massachusetts Institute of Technology calculates the minimum amount that families need to live based on the average cost of medical care, food, housing, child care, and other necessary expenses.

According to MIT's data for Oregon, a single person needs to make at least $10.68 per hour to survive without additional assistance. This number climbs substantially if that person is supporting children — $22.56 for one child, $27.09 for two children, and $34.88 for three children.

For a family of two adults in which only one partner is working, the estimated living wage in Oregon is $17.60 per hour. If that family adds children and one partner stays home to provide child care, the amount needed for a living wage rises to $21.16 for one child, $23.91 for two children, and $27.40 for three children.

The only family configuration for which $9.25 would constitute a living wage is two adults who both work — this couple would need to make at least $8.80 per hour to survive. A family with both adults working and one child would need to make $12.48 for a living wage, $14.99 with two children, and $17.87 with three children, according to MIT.

To bring Oregon's residents closer to a living wage, Reuters reported, House Speaker Tina Kotek introduced a plan in June 2015 that would raise Oregon’s minimum wage to $13 per hour by 2018.

In 2016, Oregon Gov. Kate Brown introduced a plan to increase the minimum to $15.52 in Portland and up to $13.50 throughout the rest of the state, according to Corvalis Gazette-Times. However, the plan was challenged as unconstitutional.

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Minimum wage in Oregon is $9.25 per hour, the second highest in the nation, whichis substantially higher than the federal minimum wage of $7.25 per hour. Although Oregon's minimum wage is much higher than many other states', it still does not represent a living wage in Oregon for most people.
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Thursday, 28 Jan 2016 07:41 PM
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