
The participants of the study said the three best things about living on the island were the tropical climate, people, and family. (Image via Shutterstock).
The younger generation is more dissatisfied with life on the island.
In an effort to understand how Puerto Rico’s residents view their prospects for growth, aspirations, and attitudes, the Center for Economic Renewal, Growth, and Excellence (CRECE by its Spanish initials) conducted a study in partnership with Gaither International, a marketing research firm.
The study consisted of focus group sessions across the island. Participants were divided into generational groups: Generation X (ages 41-57), Millennials (ages 27-42), and Generation Z (ages 16-20).
RELATED: US and Puerto Rico were not included in the world’s happiest countries list
The younger generation is more dissatisfied in general. Among all participants, 63% have considered leaving Puerto Rico at some point, and 78% of that percentage are Generation Z.
Family is the main reason for staying on the island, 85% of the respondents say.
The participants said that three worst things about living in Puerto Rico were crime, government incompetence, and government corruption.
The three best things about living on the island were the tropical climate, people, and family.
Sixty-two percent of the participants said they lack financial freedom and live from paycheck to paycheck.
Sixty percent think the economy is staying the same or getting worse.
Regarding the possibility of starting a business, women are more willing to start a business with 42% open to the idea compared to 36% of men. Sixty-seven percent of participants agreed that starting a business on the island is difficult.
The majority of participants (59%) think success is driven by individual effort, persistence, and hard work.
Seventy-two percent of participants said that it’s important to have skills to reach self sufficiency.
The government did not do so well in the study. Ninety-three percent of participants think the government spends too much money.
RELATED: Puerto Rico’s infrastructure faces serious threat due to climate crisis
Sixty-six percent of participants don’t feel comfortable giving the government more control over their lives.
Seventy-one percent think there’s a correlation between government control of the means of production and distribution of collective goods and corruption.
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