29 States have a state minimum wage that is higher than the federal minimum wage, so that argument against raising the minimum wage carries no weight at all.
The Department of Labor website says that the Oregon state minimum wage is $7.80 per hour with annual increases adjusted for inflation by a calculation using the U.S. City Average Consumer Price Index for All Urban Consumers for All Items.
2007-01-10 06:53:32
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answer #1
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answered by Retired From Y!A 5
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Raising the minimum wage will have little effect on job formation or unemployment. Why because right now before the minimum wage is raised only 3% of the work force works for less than what the new minimum will be.
It's really a non issue but you can bet the Democrats will praise it as the best thing since sliced bread if they get it passed.
2007-01-10 14:56:20
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answer #2
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answered by namsaev 6
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nice spin. economy indexes are but one of the areas effected by minimum wage. an economy can be changed by Many other things. however why dont you look at the corresponding cost of living for cities that have a higher minimum wage. you know the living most people (middle class) have to live under. Oregon is one of the highest along with Washington DC, Alaska, California, and on down which by the way all have higher minimum wages. It is a DIRECT CORRELATION. again not the only factor but neither is yours.
2007-01-10 15:24:59
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answer #3
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answered by CaptainObvious 7
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About 30 states have a minimum wage higher than the current federal minimum.
2007-01-10 14:48:03
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answer #4
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answered by Anonymous
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The problem with a raise in the minimum wage is that every state should be setting their own, there should not be a federal minimum wage. Each state has a different economy with different costs of living.
Many states, like Oregon, already have a minimum wage above the federal minimum. Aside form that, government should not be dictating to private enterprise how much they should pay their employees, there should be less government interference, not more.
2007-01-10 14:53:17
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answer #5
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answered by Anonymous
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I don't think you'll find many economists that would say minimum wage laws have no effect on unemployment levels.
You would also not find many economists that would say a modest increase in the currently low minimum wage laws would have an effect on unemployment levels.
2007-01-10 14:49:51
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answer #6
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answered by Anonymous
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Why not raise it to $50 an hour? That will solve everything, and no one will be poor.
Maybe Oregon's unemployment would be 35% lower than it was in 2002 if you didn't kill jobs by raising the minimum wage
2007-01-10 14:50:41
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answer #7
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answered by Anonymous
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I think it's because the small businesses don't want to have to pay higher wages. They're afraid that they will go out of business, thus, the loss of jobs. I could be wrong though.
2007-01-10 14:46:59
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answer #8
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answered by Heather R 2
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Some lies in what you say
Oregon's unemployment 2% higher than the rest of the nation
The 25% number you quotes is a lie maybe 1% lower than 2002 Thanks to a Gov that drives business out of Oregon
If the economy is so good why is Oregon's Gov wanting to add taxes to car insurance
2007-01-10 14:53:14
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answer #9
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answered by bob b 3
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Well done Oregon..The reason some states disapprove of raising the minimum wage is because they have large pools of Illegal immigrants
2007-01-10 14:50:55
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answer #10
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answered by Anonymous
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