Immigrants from Venezuela vs Hispanic or Latino Unemployment Among Ages 20 to 24 years

The statistical analysis conducted on geographies consisting of 282,850,918 people shows a moderate negative correlation between the proportion of Immigrants from Venezuela and unemployment rate among population between the ages 20 and 24 in the United States with a correlation coefficient (R) of -0.416 and weighted average of 8.9%. Similarly, the statistical analysis conducted on geographies consisting of 523,810,007 people shows a weak positive correlation between the proportion of Hispanics or Latinos and unemployment rate among population between the ages 20 and 24 in the United States with a correlation coefficient (R) of 0.289 and weighted average of 10.7%, a difference of 20.7%.

In terms of unemployment among ages 20 to 24 years, the demographic groups most similar to Immigrants from Venezuela are Indonesian (9.0%, a difference of 1.0%), Venezuelan (9.0%, a difference of 1.3%), Norwegian (9.0%, a difference of 1.5%), Immigrants from Burma/Myanmar (9.1%, a difference of 2.1%), and Luxembourger (9.1%, a difference of 2.5%).

In terms of unemployment among ages 20 to 24 years, the demographic groups most similar to Hispanics or Latinos are Immigrants from Iran (10.8%, a difference of 0.13%), Immigrants from Mexico (10.7%, a difference of 0.19%), Immigrants from Belarus (10.7%, a difference of 0.25%), Moroccan (10.7%, a difference of 0.29%), and Immigrants from Albania (10.8%, a difference of 0.34%).