Australian Unemployment Among Ages 65 to 74 years
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Unemployment Among Ages 65 to 74 years
Australian Unemployment Among Ages 65 to 74 years
5.3%
UNEMPLOYMENT | 65 TO 74 YEARS
90.4/ 100
METRIC RATING
116th/ 347
METRIC RANK
Australian Unemployment Among Ages 65 to 74 years Correlation Chart
The statistical analysis conducted on geographies consisting of 205,486,622 people shows a significant positive correlation between the proportion of Australians and unemployment rate among population between the ages 65 and 74 in the United States with a correlation coefficient (R) of 0.691 and weighted average of 5.3%. On average, for every 1% (one percent) increase in Australians within a typical geography, there is an increase of 8.2% in unemployment rate among population between the ages 65 and 74.
It is essential to understand that the correlation between the percentage of Australians and unemployment rate among population between the ages 65 and 74 does not imply a direct cause-and-effect relationship. It remains uncertain whether the presence of Australians influences an upward or downward trend in the level of unemployment rate among population between the ages 65 and 74 within an area, or if Australians simply ended up residing in those areas with higher or lower levels of unemployment rate among population between the ages 65 and 74 due to other factors.
Demographics Similar to Australians by Unemployment Among Ages 65 to 74 years
In terms of unemployment among ages 65 to 74 years, the demographic groups most similar to Australians are Immigrants from Korea (5.3%, a difference of 0.020%), Immigrants from Belarus (5.3%, a difference of 0.030%), Immigrants from Turkey (5.3%, a difference of 0.040%), Immigrants from Fiji (5.3%, a difference of 0.050%), and Immigrants from Switzerland (5.3%, a difference of 0.050%).
Demographics | Rating | Rank | Unemployment Among Ages 65 to 74 years |
Immigrants from Singapore | 93.9 /100 | #109 | Exceptional 5.2% |
Immigrants from Bolivia | 93.6 /100 | #110 | Exceptional 5.2% |
Sri Lankans | 92.7 /100 | #111 | Exceptional 5.3% |
Immigrants from South Central Asia | 92.4 /100 | #112 | Exceptional 5.3% |
Immigrants from Germany | 91.6 /100 | #113 | Exceptional 5.3% |
Asians | 91.1 /100 | #114 | Exceptional 5.3% |
Immigrants from Turkey | 90.8 /100 | #115 | Exceptional 5.3% |
Australians | 90.4 /100 | #116 | Exceptional 5.3% |
Immigrants from Korea | 90.2 /100 | #117 | Exceptional 5.3% |
Immigrants from Belarus | 90.1 /100 | #118 | Exceptional 5.3% |
Immigrants from Fiji | 89.9 /100 | #119 | Excellent 5.3% |
Immigrants from Switzerland | 89.9 /100 | #120 | Excellent 5.3% |
Immigrants from Australia | 89.1 /100 | #121 | Excellent 5.3% |
Immigrants from Canada | 89.0 /100 | #122 | Excellent 5.3% |
Czechoslovakians | 88.6 /100 | #123 | Excellent 5.3% |
Australian Unemployment Among Ages 65 to 74 years Correlation Summary
Measurement | Australian Data | Unemployment Among Ages 65 to 74 years Data |
Minimum | 0.036% | 1.4% |
Maximum | 12.6% | 100.0% |
Range | 12.6% | 98.6% |
Mean | 2.3% | 19.3% |
Median | 1.7% | 7.2% |
Interquartile 25% (IQ1) | 0.82% | 5.3% |
Interquartile 75% (IQ3) | 2.8% | 16.4% |
Interquartile Range (IQR) | 2.0% | 11.0% |
Standard Deviation (Sample) | 2.4% | 28.1% |
Standard Deviation (Population) | 2.3% | 27.7% |
Correlation Details
Australian Percentile | Sample Size | Unemployment Among Ages 65 to 74 years |
[ 0.0% - 0.5% ] 0.036% | 166,876,798 | 4.8% |
[ 0.0% - 0.5% ] 0.13% | 23,543,067 | 4.9% |
[ 0.0% - 0.5% ] 0.22% | 7,529,310 | 5.6% |
[ 0.0% - 0.5% ] 0.32% | 3,156,336 | 5.4% |
[ 0.0% - 0.5% ] 0.40% | 1,750,992 | 5.4% |
[ 0.5% - 1.0% ] 0.50% | 939,733 | 5.2% |
[ 0.5% - 1.0% ] 0.58% | 588,229 | 6.0% |
[ 0.5% - 1.0% ] 0.68% | 330,615 | 7.3% |
[ 0.5% - 1.0% ] 0.77% | 340,747 | 5.4% |
[ 0.5% - 1.0% ] 0.87% | 201,566 | 6.9% |
[ 0.5% - 1.0% ] 0.97% | 54,140 | 8.4% |
[ 1.0% - 1.5% ] 1.06% | 3,852 | 8.9% |
[ 1.0% - 1.5% ] 1.15% | 37,442 | 7.8% |
[ 1.0% - 1.5% ] 1.27% | 1,579 | 5.9% |
[ 1.0% - 1.5% ] 1.35% | 8,387 | 9.9% |
[ 1.0% - 1.5% ] 1.41% | 3,476 | 37.9% |
[ 1.5% - 2.0% ] 1.51% | 32,940 | 7.2% |
[ 1.5% - 2.0% ] 1.62% | 10,168 | 2.1% |
[ 1.5% - 2.0% ] 1.71% | 14,012 | 26.5% |
[ 1.5% - 2.0% ] 1.82% | 30,290 | 4.8% |
[ 1.5% - 2.0% ] 1.93% | 4,708 | 2.8% |
[ 2.0% - 2.5% ] 2.03% | 1,826 | 5.8% |
[ 2.0% - 2.5% ] 2.17% | 2,577 | 7.2% |
[ 2.0% - 2.5% ] 2.26% | 751 | 6.5% |
[ 2.0% - 2.5% ] 2.29% | 2,571 | 4.8% |
[ 2.0% - 2.5% ] 2.43% | 247 | 100.0% |
[ 2.0% - 2.5% ] 2.49% | 9,614 | 1.4% |
[ 2.5% - 3.0% ] 2.57% | 2,175 | 5.2% |
[ 3.0% - 3.5% ] 3.05% | 984 | 20.4% |
[ 3.0% - 3.5% ] 3.40% | 5,235 | 10.3% |
[ 4.0% - 4.5% ] 4.33% | 300 | 15.9% |
[ 4.0% - 4.5% ] 4.43% | 158 | 16.7% |
[ 4.0% - 4.5% ] 4.50% | 867 | 64.1% |
[ 5.0% - 5.5% ] 5.14% | 214 | 16.0% |
[ 5.0% - 5.5% ] 5.26% | 114 | 100.0% |
[ 6.0% - 6.5% ] 6.31% | 301 | 60.0% |
[ 12.5% - 13.0% ] 12.62% | 301 | 100.0% |