Immigrants from Venezuela vs Australian 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 219,577,245 people shows a poor positive correlation between the proportion of Australians and unemployment rate among population between the ages 20 and 24 in the United States with a correlation coefficient (R) of 0.107 and weighted average of 9.6%, a difference of 7.3%.

Unemployment Among Ages 20 to 24 years Correlation Summary

Measurement	Immigrants from Venezuela	Australian
Minimum	0.60%	4.7%
Maximum	18.2%	38.5%
Range	17.6%	33.8%
Mean	8.3%	11.7%
Median	8.4%	9.6%
Interquartile 25% (IQ1)	5.9%	6.9%
Interquartile 75% (IQ3)	10.5%	13.4%
Interquartile Range (IQR)	4.5%	6.5%
Standard Deviation (Sample)	3.6%	7.1%
Standard Deviation (Population)	3.6%	7.0%

Similar Demographics by Unemployment Among Ages 20 to 24 years

Demographics Similar to Immigrants from Venezuela by Unemployment Among Ages 20 to 24 years

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%).

Demographics	Rating \| Rank	Unemployment Among Ages 20 to 24 years
Immigrants \| Cuba	100.0 /100 \| #1	Exceptional 8.7%
Immigrants \| Venezuela	100.0 /100 \| #2	Exceptional 8.9%
Indonesians	100.0 /100 \| #3	Exceptional 9.0%
Venezuelans	100.0 /100 \| #4	Exceptional 9.0%
Norwegians	100.0 /100 \| #5	Exceptional 9.0%
Immigrants \| Burma/Myanmar	100.0 /100 \| #6	Exceptional 9.1%
Luxembourgers	100.0 /100 \| #7	Exceptional 9.1%
Somalis	100.0 /100 \| #8	Exceptional 9.1%
Immigrants \| Somalia	100.0 /100 \| #9	Exceptional 9.2%
Sudanese	100.0 /100 \| #10	Exceptional 9.2%
Zimbabweans	100.0 /100 \| #11	Exceptional 9.2%
Cubans	100.0 /100 \| #12	Exceptional 9.2%
Immigrants \| Congo	100.0 /100 \| #13	Exceptional 9.2%
Slovenes	100.0 /100 \| #14	Exceptional 9.3%
Immigrants \| Sudan	100.0 /100 \| #15	Exceptional 9.3%

Demographics Similar to Australians by Unemployment Among Ages 20 to 24 years

In terms of unemployment among ages 20 to 24 years, the demographic groups most similar to Australians are Cambodian (9.5%, a difference of 0.11%), Immigrants from Eastern Africa (9.5%, a difference of 0.16%), Yugoslavian (9.6%, a difference of 0.20%), Scandinavian (9.5%, a difference of 0.24%), and Immigrants from North Macedonia (9.5%, a difference of 0.26%).

Demographics	Rating \| Rank	Unemployment Among Ages 20 to 24 years
Swedes	100.0 /100 \| #26	Exceptional 9.5%
Immigrants \| Zimbabwe	100.0 /100 \| #27	Exceptional 9.5%
Immigrants \| Afghanistan	100.0 /100 \| #28	Exceptional 9.5%
Immigrants \| North Macedonia	100.0 /100 \| #29	Exceptional 9.5%
Scandinavians	100.0 /100 \| #30	Exceptional 9.5%
Immigrants \| Eastern Africa	100.0 /100 \| #31	Exceptional 9.5%
Cambodians	100.0 /100 \| #32	Exceptional 9.5%
Australians	100.0 /100 \| #33	Exceptional 9.6%
Yugoslavians	100.0 /100 \| #34	Exceptional 9.6%
Germans	100.0 /100 \| #35	Exceptional 9.6%
Belgians	100.0 /100 \| #36	Exceptional 9.6%
Immigrants \| Zaire	100.0 /100 \| #37	Exceptional 9.6%
Afghans	99.9 /100 \| #38	Exceptional 9.6%
Dutch	99.9 /100 \| #39	Exceptional 9.6%
Immigrants \| Ethiopia	99.9 /100 \| #40	Exceptional 9.6%