New minimum wage rates announced

For hours worked July 1^st and forward, Oregon’s minimum wage rates will increase  based on year-over-year inflation to:

The current standard minimum wage rate is $14.70. Based on an increase in the CPI of 2.4% from March 2024 to March 2025, the new standard minimum rate will be:

$14.70 X 1.024 = $15.05 (rounded to the nearest five cents)

By statute, the Portland metro minimum wage is $1.25 more than the standard minimum wage, and the non-urban minimum wage is $1.00 less than the standard minimum wage. See additional information on Oregon’s minimum wage here.

Oregon employers are required to post minimum wage posters. Individual posters reflecting the new minimum wage rates as of July 1, 2024 will be available for download on BOLI’s website free of charge by June 15, 2024. Updated composite posters should be available for purchase by mid-May.