Oregon Minimum Wage 2024 Increase. Oregon’s bureau of labor and industries announced tuesday, april 16, that the minimum wage in the portland area will rise to $15.95. The standard oregon minimum wage for 2024 is $14.70 per hour (standard minimum wage rate) and will remain in effect until july of 2025.
The standard minimum wage is $14.20 per hour between july 1, 2023, and june 30, 2024. A recent study of retail workers in texas and california found that a $1, or 9.1% minimum wage increase translated into an 11.6% decrease in total compensation for the average.