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WSJ: Depopulation of Puerto Rico Contributed to Financial Crisis

HeadlineJul 01, 2016

This comes as a new Wall Street Journal analysis reveals how Puerto Rico has experienced a severe, decade-long depopulation. A quarter of a million Puerto Ricans have relocated to the mainland United States over the last 10 years, shrinking the labor force by 20 percent. It’s the most dramatic population decline the U.S. Census Bureau has seen since record-keeping began in 1920. Mario Marazzi of the Puerto Rico Institute of Statistics said the scale of the territory’s depopulation is comparable only to the genocide of indigenous Taíno people following the arrival of the Spanish colonists in the 16th century. We’ll host a debate over the PROMESA bill after headlines.

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