Panamanian Unemployment Among Ages 20 to 24 years
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Unemployment Among Ages 20 to 24 years
Panamanian Unemployment Among Ages 20 to 24 years
10.9%
UNEMPLOYMENT | 20 TO 24 YEARS
0.2/ 100
METRIC RATING
259th/ 347
METRIC RANK
Panamanian Unemployment Among Ages 20 to 24 years Correlation Chart
The statistical analysis conducted on geographies consisting of 276,503,121 people shows a significant positive correlation between the proportion of Panamanians and unemployment rate among population between the ages 20 and 24 in the United States with a correlation coefficient (R) of 0.619 and weighted average of 10.9%. On average, for every 1% (one percent) increase in Panamanians within a typical geography, there is an increase of 7.0% in unemployment rate among population between the ages 20 and 24.
It is essential to understand that the correlation between the percentage of Panamanians and unemployment rate among population between the ages 20 and 24 does not imply a direct cause-and-effect relationship. It remains uncertain whether the presence of Panamanians influences an upward or downward trend in the level of unemployment rate among population between the ages 20 and 24 within an area, or if Panamanians simply ended up residing in those areas with higher or lower levels of unemployment rate among population between the ages 20 and 24 due to other factors.
Demographics Similar to Panamanians by Unemployment Among Ages 20 to 24 years
In terms of unemployment among ages 20 to 24 years, the demographic groups most similar to Panamanians are Immigrants from Lebanon (10.9%, a difference of 0.030%), Dutch West Indian (10.9%, a difference of 0.10%), Immigrants from Western Asia (10.9%, a difference of 0.17%), Immigrants from Bahamas (10.9%, a difference of 0.24%), and Puget Sound Salish (10.9%, a difference of 0.27%).
| Demographics | Rating | Rank | Unemployment Among Ages 20 to 24 years |
| Immigrants from Syria | 0.4 /100 | #252 | Tragic 10.8% |
| Spanish Americans | 0.4 /100 | #253 | Tragic 10.8% |
| Liberians | 0.3 /100 | #254 | Tragic 10.8% |
| Immigrants from Israel | 0.3 /100 | #255 | Tragic 10.8% |
| Immigrants from Bahamas | 0.3 /100 | #256 | Tragic 10.9% |
| Immigrants from Western Asia | 0.3 /100 | #257 | Tragic 10.9% |
| Dutch West Indians | 0.3 /100 | #258 | Tragic 10.9% |
| Panamanians | 0.2 /100 | #259 | Tragic 10.9% |
| Immigrants from Lebanon | 0.2 /100 | #260 | Tragic 10.9% |
| Puget Sound Salish | 0.2 /100 | #261 | Tragic 10.9% |
| Immigrants from Latin America | 0.1 /100 | #262 | Tragic 11.0% |
| Marshallese | 0.1 /100 | #263 | Tragic 11.0% |
| Sub-Saharan Africans | 0.0 /100 | #264 | Tragic 11.1% |
| Immigrants from Ireland | 0.0 /100 | #265 | Tragic 11.1% |
| Immigrants from Liberia | 0.0 /100 | #266 | Tragic 11.1% |
Panamanian Unemployment Among Ages 20 to 24 years Correlation Summary
| Measurement | Panamanian Data | Unemployment Among Ages 20 to 24 years Data |
| Minimum | 0.062% | 5.1% |
| Maximum | 8.1% | 100.0% |
| Range | 8.0% | 94.9% |
| Mean | 2.6% | 23.2% |
| Median | 2.3% | 14.1% |
| Interquartile 25% (IQ1) | 1.1% | 11.1% |
| Interquartile 75% (IQ3) | 3.8% | 25.9% |
| Interquartile Range (IQR) | 2.7% | 14.8% |
| Standard Deviation (Sample) | 1.9% | 21.9% |
| Standard Deviation (Population) | 1.9% | 21.5% |
Correlation Details
| Panamanian Percentile | Sample Size | Unemployment Among Ages 20 to 24 years |
[ 0.0% - 0.5% ] 0.062% | 198,208,511 | 9.8% |
[ 0.0% - 0.5% ] 0.22% | 50,313,319 | 11.1% |
[ 0.0% - 0.5% ] 0.36% | 13,844,862 | 11.5% |
[ 0.5% - 1.0% ] 0.52% | 6,014,857 | 10.5% |
[ 0.5% - 1.0% ] 0.67% | 3,022,544 | 12.8% |
[ 0.5% - 1.0% ] 0.83% | 1,751,037 | 10.1% |
[ 0.5% - 1.0% ] 0.98% | 1,245,116 | 11.7% |
[ 1.0% - 1.5% ] 1.12% | 534,312 | 11.4% |
[ 1.0% - 1.5% ] 1.26% | 495,389 | 11.9% |
[ 1.0% - 1.5% ] 1.43% | 319,884 | 7.8% |
[ 1.5% - 2.0% ] 1.55% | 423,154 | 11.5% |
[ 1.5% - 2.0% ] 1.70% | 114,771 | 10.0% |
[ 1.5% - 2.0% ] 1.91% | 34,973 | 19.3% |
[ 2.0% - 2.5% ] 2.03% | 44,360 | 16.1% |
[ 2.0% - 2.5% ] 2.23% | 19,096 | 21.3% |
[ 2.0% - 2.5% ] 2.33% | 34,154 | 15.3% |
[ 2.5% - 3.0% ] 2.55% | 1,292 | 8.3% |
[ 2.5% - 3.0% ] 2.60% | 462 | 33.3% |
[ 2.5% - 3.0% ] 2.77% | 26,012 | 11.9% |
[ 3.0% - 3.5% ] 3.13% | 20,140 | 5.1% |
[ 3.0% - 3.5% ] 3.27% | 5,604 | 22.4% |
[ 3.0% - 3.5% ] 3.33% | 7,322 | 27.6% |
[ 3.5% - 4.0% ] 3.81% | 1,759 | 78.6% |
[ 4.0% - 4.5% ] 4.15% | 4,550 | 25.0% |
[ 4.0% - 4.5% ] 4.41% | 4,876 | 30.8% |
[ 4.5% - 5.0% ] 4.57% | 219 | 25.9% |
[ 5.0% - 5.5% ] 5.26% | 171 | 100.0% |
[ 5.0% - 5.5% ] 5.40% | 6,779 | 24.6% |
[ 5.5% - 6.0% ] 5.98% | 3,360 | 67.9% |
[ 8.0% - 8.5% ] 8.05% | 236 | 33.3% |