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By 2050, minorities will be the majority in America, and the number of residents older than 65 will more than double, according to projections released Thursday by the U.S. Census Bureau.

Minorities, classified as those of any race other than non-Hispanic, single-race whites, currently constitute about a third of the U.S. population, according to Census figures. But by 2042, they are projected to become the majority, making up more than half the population. By 2050, 54 percent of the population will be minorities.

Minority children are projected to reach that milestone even sooner. By 2023, the bureau said, more than half of all children will be minorities. Read full article »

CNN's Ashley Broughton contributed to this report.

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