Economy is in a really bad shape in Puerto Rico. Moody's credit rating put puertorrican's investments as junk investments creating a crisis in the economy of Puerto Rico. The government budget has now to be reduce drastically forcing agencies to layoff public employees.
Even before this happen the people already were struggling to make ends meet because a lot of article of first need increase in price. Articles like milk, coffee, eggs, fruits and vegetable were very expensive. Now the utilities like water, electricity, phone their prices are skyrocketing.
A lot of Senior Citizens that worked for many years in the US and went to spend their retirement in Puerto Rico, they are now returning to the states because they can't afford the cost of life in Puerto Rico. This is very sad because their hope was to enjoy the last years of their life in Puerto Rico.
Unless the Governor and the legislature find a solution to this problem is going to be a massive exodus to United States of people for better opportunities. The unemployment rate in PR is about 15%, higher than any state.
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