Seattle’s first-in-the-nation $15 per hour minimum wage law is hurting the workers it aimed to help, a new study has found.

The working poor are making more per hour but taking home less pay. The University of Washington paper asserts the new wages boosted worker pay by 3 percent, but also resulted in a 9-percent reduction in hours and a $125 cut to the monthly paychecks.

The law also cost the city 5,000 jobs, the report said.

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