Canadian Unemployment Among Ages 60 to 64 years

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Unemployment Among Ages 60 to 64 years
Income
Poverty
Unemployment
Labor Participation
Family Structure
Vehicle Availability
Education Level
Disability

Canadian Unemployment Among Ages 60 to 64 years
Exceptional

4.7%
UNEMPLOYMENT | 60 TO 64 YEARS
97.7/ 100
METRIC RATING
105th/ 347
METRIC RANK

Canadian Unemployment Among Ages 60 to 64 years Correlation Chart

The statistical analysis conducted on geographies consisting of 386,831,293 people shows a very strong positive correlation between the proportion of Canadians and unemployment rate among population between the ages 60 and 64 in the United States with a correlation coefficient (R) of 0.831 and weighted average of 4.7%. On average, for every 1% (one percent) increase in Canadians within a typical geography, there is an increase of 1.5% in unemployment rate among population between the ages 60 and 64.
Canadian Unemployment Among Ages 60 to 64 years
It is essential to understand that the correlation between the percentage of Canadians and unemployment rate among population between the ages 60 and 64 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 among population between the ages 60 and 64 within an area, or if Canadians simply ended up residing in those areas with higher or lower levels of unemployment rate among population between the ages 60 and 64 due to other factors.

Demographics Similar to Canadians by Unemployment Among Ages 60 to 64 years

In terms of unemployment among ages 60 to 64 years, the demographic groups most similar to Canadians are Paraguayan (4.7%, a difference of 0.030%), Immigrants from North America (4.7%, a difference of 0.030%), Greek (4.7%, a difference of 0.040%), White/Caucasian (4.7%, a difference of 0.070%), and Immigrants from Canada (4.7%, a difference of 0.080%).
DemographicsRating | RankUnemployment Among Ages 60 to 64 years
Somalis
98.0
/100
|
#98
Exceptional
4.7%
Egyptians
98.0
/100
|
#99
Exceptional
4.7%
Portuguese
97.9
/100
|
#100
Exceptional
4.7%
Malaysians
97.9
/100
|
#101
Exceptional
4.7%
Immigrants from Canada
97.8
/100
|
#102
Exceptional
4.7%
Whites/Caucasians
97.8
/100
|
#103
Exceptional
4.7%
Paraguayans
97.7
/100
|
#104
Exceptional
4.7%
Canadians
97.7
/100
|
#105
Exceptional
4.7%
Immigrants from North America
97.6
/100
|
#106
Exceptional
4.7%
Greeks
97.5
/100
|
#107
Exceptional
4.7%
Immigrants from Japan
97.4
/100
|
#108
Exceptional
4.7%
Immigrants from Netherlands
97.4
/100
|
#109
Exceptional
4.7%
Ethiopians
97.2
/100
|
#110
Exceptional
4.7%
French
97.1
/100
|
#111
Exceptional
4.7%
Syrians
97.0
/100
|
#112
Exceptional
4.7%

Canadian Unemployment Among Ages 60 to 64 years Correlation Summary

MeasurementCanadian DataUnemployment Among Ages 60 to 64 years Data
Minimum0.16%4.5%
Maximum15.9%33.3%
Range15.7%28.8%
Mean5.3%11.6%
Median4.5%9.5%
Interquartile 25% (IQ1)2.2%6.1%
Interquartile 75% (IQ3)6.6%15.6%
Interquartile Range (IQR)4.3%9.4%
Standard Deviation (Sample)4.2%7.7%
Standard Deviation (Population)4.1%7.4%

Correlation Details

Canadian PercentileSample SizeUnemployment Among Ages 60 to 64 years
[
0.0%
-
0.5%
]
0.16%
352,898,2694.5%
[
0.5%
-
1.0%
]
0.67%
27,980,7584.5%
[
1.0%
-
1.5%
]
1.19%
3,961,7675.3%
[
1.5%
-
2.0%
]
1.66%
1,302,7825.9%
[
2.0%
-
2.5%
]
2.22%
335,7826.3%
[
2.5%
-
3.0%
]
2.81%
116,3586.1%
[
3.0%
-
3.5%
]
3.10%
91,6556.4%
[
3.5%
-
4.0%
]
3.83%
47,88410.3%
[
4.0%
-
4.5%
]
4.28%
28,66510.7%
[
4.5%
-
5.0%
]
4.63%
20,0758.7%
[
5.0%
-
5.5%
]
5.11%
4,58015.6%
[
5.5%
-
6.0%
]
5.66%
4,95018.3%
[
6.0%
-
6.5%
]
6.36%
27,16916.8%
[
6.5%
-
7.0%
]
6.56%
57911.3%
[
8.5%
-
9.0%
]
8.86%
5,38614.3%
[
9.0%
-
9.5%
]
9.13%
2,4987.3%
[
13.0%
-
13.5%
]
13.13%
9933.3%
[
15.5%
-
16.0%
]
15.91%
2,03723.6%