On March 23, the Washington Times published an article with an interview with Yesim Sayin Taylor on the impact of the minimum wage increases on lower skilled District residents:
Yesim Sayin Taylor, head of the D.C. Policy Center, said the results of the CFO’s report aren’t surprising and aren’t even necessarily a bad thing. The DCPC was launched earlier this month by former Mayor Anthony Williams, who now heads the Federal City Council — a powerful pro-business economic advocacy group in the city.
She said the increased incentives will attract more skilled workers and that many of the unemployed workers in the suburbs have higher qualifications than those unemployed and living in the city.
Data from the Census Bureau’s 2015 American Community Survey show there are thousands more unemployed residents in the Maryland and Virginia suburbs who have associate and bachelor’s degrees than those unemployed in the District.
“We are an open economy, so competition for jobs is fierce,” said Ms. Taylor, who up until last year worked for 10 years as the CFO’s director of fiscal and legislative analysis. “Increases in the minimum wage will make competition for these jobs fiercer.”
You can read the full piece here.