Icelander Unemployment
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Icelander
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Unemployment
Icelander Unemployment
4.9%
UNEMPLOYMENT
98.9/ 100
METRIC RATING
62nd/ 347
METRIC RANK
Icelander Unemployment Correlation Chart
The statistical analysis conducted on geographies consisting of 159,539,364 people shows a poor positive correlation between the proportion of Icelanders and unemployment in the United States with a correlation coefficient (R) of 0.132 and weighted average of 4.9%. On average, for every 1% (one percent) increase in Icelanders within a typical geography, there is an increase of 0.038% in unemployment.
It is essential to understand that the correlation between the percentage of Icelanders and unemployment does not imply a direct cause-and-effect relationship. It remains uncertain whether the presence of Icelanders influences an upward or downward trend in the level of unemployment within an area, or if Icelanders simply ended up residing in those areas with higher or lower levels of unemployment due to other factors.
Demographics Similar to Icelanders by Unemployment
In terms of unemployment, the demographic groups most similar to Icelanders are Immigrants from Netherlands (4.9%, a difference of 0.010%), Cambodian (4.9%, a difference of 0.010%), Immigrants from Bulgaria (4.9%, a difference of 0.010%), Bhutanese (4.9%, a difference of 0.060%), and Greek (4.9%, a difference of 0.080%).
Demographics | Rating | Rank | Unemployment |
Australians | 99.2 /100 | #55 | Exceptional 4.9% |
Celtics | 99.1 /100 | #56 | Exceptional 4.9% |
Immigrants from Singapore | 99.1 /100 | #57 | Exceptional 4.9% |
Greeks | 99.0 /100 | #58 | Exceptional 4.9% |
Bhutanese | 99.0 /100 | #59 | Exceptional 4.9% |
Immigrants from Netherlands | 99.0 /100 | #60 | Exceptional 4.9% |
Cambodians | 99.0 /100 | #61 | Exceptional 4.9% |
Icelanders | 98.9 /100 | #62 | Exceptional 4.9% |
Immigrants from Bulgaria | 98.9 /100 | #63 | Exceptional 4.9% |
Italians | 98.9 /100 | #64 | Exceptional 4.9% |
Immigrants from Canada | 98.8 /100 | #65 | Exceptional 4.9% |
Slovaks | 98.7 /100 | #66 | Exceptional 4.9% |
New Zealanders | 98.6 /100 | #67 | Exceptional 4.9% |
Slavs | 98.6 /100 | #68 | Exceptional 4.9% |
Immigrants from North America | 98.5 /100 | #69 | Exceptional 4.9% |
Icelander Unemployment Correlation Summary
Measurement | Icelander Data | Unemployment Data |
Minimum | 0.041% | 1.2% |
Maximum | 49.3% | 14.3% |
Range | 49.3% | 13.1% |
Mean | 8.8% | 5.9% |
Median | 4.2% | 5.1% |
Interquartile 25% (IQ1) | 2.0% | 3.7% |
Interquartile 75% (IQ3) | 9.8% | 7.5% |
Interquartile Range (IQR) | 7.8% | 3.8% |
Standard Deviation (Sample) | 11.9% | 3.4% |
Standard Deviation (Population) | 11.7% | 3.3% |
Correlation Details
Icelander Percentile | Sample Size | Unemployment |
[ 0.0% - 0.5% ] 0.041% | 155,036,782 | 5.2% |
[ 0.0% - 0.5% ] 0.41% | 3,244,062 | 4.0% |
[ 0.5% - 1.0% ] 0.74% | 691,682 | 3.9% |
[ 0.5% - 1.0% ] 0.99% | 313,858 | 3.8% |
[ 1.0% - 1.5% ] 1.29% | 100,742 | 5.0% |
[ 1.5% - 2.0% ] 1.59% | 61,764 | 4.1% |
[ 1.5% - 2.0% ] 1.88% | 29,832 | 4.8% |
[ 2.0% - 2.5% ] 2.13% | 21,670 | 5.5% |
[ 2.5% - 3.0% ] 2.51% | 7,502 | 5.1% |
[ 2.5% - 3.0% ] 2.83% | 10,166 | 3.8% |
[ 3.0% - 3.5% ] 3.11% | 4,217 | 7.2% |
[ 3.0% - 3.5% ] 3.27% | 1,161 | 5.9% |
[ 3.5% - 4.0% ] 3.75% | 801 | 2.1% |
[ 3.5% - 4.0% ] 3.99% | 4,161 | 7.1% |
[ 4.0% - 4.5% ] 4.17% | 1,248 | 13.4% |
[ 4.0% - 4.5% ] 4.45% | 2,069 | 3.6% |
[ 5.0% - 5.5% ] 5.33% | 544 | 5.5% |
[ 5.5% - 6.0% ] 5.71% | 350 | 2.2% |
[ 6.0% - 6.5% ] 6.32% | 1,044 | 6.1% |
[ 6.5% - 7.0% ] 6.95% | 561 | 3.6% |
[ 7.0% - 7.5% ] 7.05% | 227 | 14.3% |
[ 9.0% - 9.5% ] 9.26% | 1,360 | 11.5% |
[ 10.0% - 10.5% ] 10.27% | 2,443 | 8.3% |
[ 13.0% - 13.5% ] 13.40% | 209 | 1.2% |
[ 15.5% - 16.0% ] 15.52% | 116 | 10.0% |
[ 20.5% - 21.0% ] 20.90% | 244 | 7.8% |
[ 27.0% - 27.5% ] 27.38% | 168 | 1.3% |
[ 40.5% - 41.0% ] 40.91% | 154 | 3.5% |
[ 49.0% - 49.5% ] 49.34% | 227 | 10.6% |