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Oregon’s 12.1% Unemployment, 2nd Highest in US: Is The $8.40 Per Hour Minimum Wage to Blame?

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mwkruse
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Carpe Diem (Mark Perry): Oregon's 12.1% Unemployment, 2nd Highest in US: Is The $8.40 Per Hour Minimum Wage to Blame?

Is Oregon's high minimum wage partially to blame for the state's 12.1% unemployment rate, second highest in the nation (only Michigan is higher at 12.6%, see chart above of Oregon's jobless rate in blue vs. US rate in red)? The major business organizations in Oregon think so, and so do some members of the Legislature: Lawmakers are considering a bill that would override a 2002 citizen initiative and block future minimum wage increases indexed to inflation. …

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One response to “Oregon’s 12.1% Unemployment, 2nd Highest in US: Is The $8.40 Per Hour Minimum Wage to Blame?”

  1. Peggy Avatar
    Peggy

    Yeah, and Washington State isn’t far behind them! I was having this discussion with my 13 year old, as they were doing a unit on legislation for history class.
    I think that they need to rethink a rate for kids with jobs, too…minimum wage for kids should be lower — they’re pricing babysitting right out of the ballpark!

    Reply

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