Canadian Unemployment Among Seniors over 65 years

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Unemployment Among Seniors over 65 years
Income
Poverty
Unemployment
Labor Participation
Family Structure
Vehicle Availability
Education Level
Disability

Canadian Unemployment Among Seniors over 65 years
Good

5.1%
UNEMPLOYMENT | SENIORS > 65
74.7/ 100
METRIC RATING
152nd/ 347
METRIC RANK

Canadian Unemployment Among Seniors over 65 years Correlation Chart

The statistical analysis conducted on geographies consisting of 385,292,194 people shows a substantial positive correlation between the proportion of Canadians and unemployment rate amomg seniors over the age of 65 in the United States with a correlation coefficient (R) of 0.585 and weighted average of 5.1%. On average, for every 1% (one percent) increase in Canadians within a typical geography, there is an increase of 1.8% in unemployment rate amomg seniors over the age of 65.
Canadian Unemployment Among Seniors over 65 years
It is essential to understand that the correlation between the percentage of Canadians and unemployment rate amomg seniors over the age of 65 does not imply a direct cause-and-effect relationship. It remains uncertain whether the presence of Canadians influences an upward or downward trend in the level of unemployment rate amomg seniors over the age of 65 within an area, or if Canadians simply ended up residing in those areas with higher or lower levels of unemployment rate amomg seniors over the age of 65 due to other factors.

Demographics Similar to Canadians by Unemployment Among Seniors over 65 years

In terms of unemployment among seniors over 65 years, the demographic groups most similar to Canadians are Immigrants from Czechoslovakia (5.1%, a difference of 0.010%), Pakistani (5.1%, a difference of 0.030%), Immigrants from Hong Kong (5.1%, a difference of 0.030%), Immigrants from Asia (5.1%, a difference of 0.040%), and Basque (5.1%, a difference of 0.080%).
DemographicsRating | RankUnemployment Among Seniors over 65 years
Spanish
78.8
/100
|
#145
Good
5.1%
Immigrants from Russia
78.5
/100
|
#146
Good
5.1%
Slovaks
77.9
/100
|
#147
Good
5.1%
Greeks
77.0
/100
|
#148
Good
5.1%
Immigrants from Afghanistan
76.8
/100
|
#149
Good
5.1%
Immigrants from Asia
75.6
/100
|
#150
Good
5.1%
Pakistanis
75.5
/100
|
#151
Good
5.1%
Canadians
74.7
/100
|
#152
Good
5.1%
Immigrants from Czechoslovakia
74.5
/100
|
#153
Good
5.1%
Immigrants from Hong Kong
74.0
/100
|
#154
Good
5.1%
Basques
72.9
/100
|
#155
Good
5.1%
Immigrants from Romania
72.4
/100
|
#156
Good
5.1%
Immigrants from Northern Europe
69.8
/100
|
#157
Good
5.1%
Immigrants from Belarus
69.0
/100
|
#158
Good
5.1%
Immigrants from France
68.6
/100
|
#159
Good
5.1%

Canadian Unemployment Among Seniors over 65 years Correlation Summary

MeasurementCanadian DataUnemployment Among Seniors over 65 years Data
Minimum0.16%2.5%
Maximum10.8%36.0%
Range10.6%33.5%
Mean4.6%13.0%
Median4.3%10.3%
Interquartile 25% (IQ1)2.0%5.2%
Interquartile 75% (IQ3)6.9%19.9%
Interquartile Range (IQR)5.0%14.7%
Standard Deviation (Sample)3.1%9.7%
Standard Deviation (Population)3.0%9.4%

Correlation Details

Canadian PercentileSample SizeUnemployment Among Seniors over 65 years
[
0.0%
-
0.5%
]
0.16%
350,730,2574.9%
[
0.5%
-
1.0%
]
0.67%
28,695,6535.0%
[
1.0%
-
1.5%
]
1.18%
3,933,0465.9%
[
1.5%
-
2.0%
]
1.67%
1,183,3715.5%
[
2.0%
-
2.5%
]
2.25%
435,7596.5%
[
2.5%
-
3.0%
]
2.80%
137,57610.3%
[
3.0%
-
3.5%
]
3.07%
70,2907.2%
[
3.5%
-
4.0%
]
3.80%
35,41319.0%
[
4.0%
-
4.5%
]
4.30%
15,94723.6%
[
4.5%
-
5.0%
]
4.68%
22,36710.8%
[
5.0%
-
5.5%
]
5.39%
5,5264.8%
[
5.5%
-
6.0%
]
5.80%
3,93128.2%
[
6.0%
-
6.5%
]
6.42%
9,64013.0%
[
7.0%
-
7.5%
]
7.40%
1,59520.9%
[
8.5%
-
9.0%
]
8.75%
7,75917.6%
[
9.0%
-
9.5%
]
9.13%
2,4982.5%
[
10.5%
-
11.0%
]
10.79%
1,56636.0%