Oregon hourly wages rise

Editor’s Pick: J. Williams
In: Uncategorized
Wednesday November 18, 2015
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By Oregon Employment Department,

Average Hourly Wages on the Rise

After years of remaining flat, average hourly wages (adjusted for inflation) have risen in 2015. In August 2015, average hourly wages in Oregon were $23.42, up from $23.16 in August 2014.

This comes in part from essentially no change in the Consumer Price Index (CPI) over the year, which was held down by a 12-month decrease in gas prices of 23.3 percent.

Below, find the 12-month change in price for certain items in the Consumer Price Index. Note the steep drop in gas prices, compared with the more stable change in all items.

 

12-Month Percent ChangeConsumer Price Index for All Urban Consumers: U.S. City Avg.Click on a Good or Service at the Right to Display Series All Items Apparel College tuition and fees Electricity Food Gasoline Medical care commodities Medical care services New cars and trucks Shelter Transportation services Used cars and trucks Utility (piped) gas service Jan-05Jul-07Jan-10Jul-12Jan-15Jul-05Jan-06Jul-06Jan-07Jan-08Jul-08Jan-09Jul-09Jul-10Jan-11Jul-11Jan-12Jan-13Jul-13Jan-14Jul-14Jul-15-50-250255075Jul-15 All Items: 0.2 % Gasoline : -22.3 %Source: Bureau of Labor Statistics (BLS)

For the full report on CPI, read the BLS’ latest news release.

 

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