Ore. minimum wage rising to $8.95

KOIN:

PORTLAND, Ore. (AP) — Oregon's minimum wage is going up to $8.95 an hour.State Labor Commissioner Brad Avakian announced the 15-cent increase Monday. The raise takes effect Jan. 1.State law approved by voters in 2002 directs the commissioner to adjust the minimum wage for inflation every September.This year's wage tracks a 1.7 percent increase in the Consumer Price Index since August 2011.Oregon's minimum wage will now be 23 percent higher than the federal minimum wage of $7.25 per hour.Copyright 2012 The Associated Press.

Read the full article here. Discuss below.