The Oregon Capitol building in Salem. Photo: Chas Hundley
The Oregon Department of Administrative Services (DAS) issued this week a quarterly economic forecast predicting higher wages increasing projected tax revenue will allow the state to recover more quickly from the recession, triggered by the ongoing COVID-19 pandemic than it did from The Great Recession of the early 2000s.
Oregon’s increasing wages, up about 8 percent since March 2020, may . . .