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Oregon’s new budget forecast reveals stark divide: Wages are down, but profits for corporations, the wealthy are surging
Oregon’s new budget forecast reveals stark divide: Wages are down, but profits for corporations, the wealthy are surging
Oregon’s new budget forecast reveals stark divide: Wages are down, but profits for corporations, the wealthy are surging

Published on: 05/20/2026

This news was posted by Oregon Today News

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Workers in cleanroom suits operate equipment at an Oregon workplace. Wage growth in Oregon is lower than expected and unemployment is up, meaning the state will get less money from taxes on wages. But corporate profits and capital gains for wealth Oregonians are surging.

Despite Oregon’s continuing sluggish labor market and big hits to the state economy from spiking energy prices, tax revenues to fund state programs and services appear steady, state economists said Wednesday.

News Source : https://www.oregonlive.com/politics/2026/05/oregons-new-budget-forecast-reveals-stark-divide-wages-are-down-but-profits-for-corporations-the-wealthy-are-surging.html

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