State of Oregon: Blue Book - Oregon's Economy: Wages

A standard rate of $14.70 per hour is now in other areas of the state, and a rate of $13.70 per hour is in designated nonurban counties mostly in eastern and southwestern Oregon. Although Oregon’s minimum wage is higher than most other states, private-sector workers in Oregon …

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State Of Oregon: Blue Book - Oregon's Economy: Wages

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State Of Oregon: Blue Book - Oregon's Economy: Wages

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From July 1, 2022 through June 30, 2023 the highest wage is $14.75 per hour within the Portland urban growth boundary, a standard rate of $13.50 per hour in other areas of the state, and a …

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State Of Oregon: Blue Book - Oregon's Economy: Revenue And Taxes

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These three taxes represent about 80% of all state and local taxes. Oregon does not have a general state sales tax. The personal income tax is the largest source of state tax revenue, …

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FAQs about State of Oregon: Blue Book - Oregon's Economy: Wages Coupon?

What is Oregon's economy based on?

(Photo courtesy Douglas Beall) Historically, Oregon’s economy was based on natural resources. Today, the economy is a mix of high-tech manufacturing and services and the agricultural and forestry sectors. Oregon’s economy continues to evolve following the Covid-19 pandemic. ...

How much do Oregon workers make a year?

Oregon workers (excluding self-employed and most agricultural workers) earned an annual average of $68,283 in 2023, although wages vary widely by industry and occupation. The average annual pay in the information industry was $129,052, the most of any broad sector. ...

How often does Obi update the Oregon competitiveness book?

OBI will update the Oregon Competitiveness Book on an annual basis. Many state and federal economic indicators are updated more frequently than once a year, however, including unemployment and inflation rates. This page provides a collection of key Oregon economic indicators. Some of them are updated every month, and others are updated quarterly. ...

What is the Oregon competitiveness book?

In May 2024, OBI released its inaugural Oregon Competitiveness Book, a comprehensive, data-driven analysis of the state’s economic landscape. The snapshots below are based on the information contained in the Competitiveness Book, a copy of which can be downloaded at the bottom of this page. ...

Is Oregon's unemployment rate improving?

Although uneven across sectors, more Oregonians moving into jobs during the relatively rapid overall jobs recovery has resulted in dramatic improvements in the state’s unemployment rate. Two years after reaching an all-time high of 13.3%, Oregon’s unemployment rate has improved by nearly 10 percentage points and near our all-time record low again. ...

Is Oregon a good state for business?

Below are some key rankings and findings: 2024 CNBC America’s Top States for Business Ranking, in which Oregon ranks seven places lower than it did in 2023. Oregon scored 48th for business friendliness and only 36th for workforce – a stunning drop of 22 places in only one year. ...