Panamanian Unemployment
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Unemployment
Panamanian Unemployment
5.5%
UNEMPLOYMENT
4.7/ 100
METRIC RATING
234th/ 347
METRIC RANK
Panamanian Unemployment Correlation Chart
The statistical analysis conducted on geographies consisting of 281,131,526 people shows a poor positive correlation between the proportion of Panamanians and unemployment in the United States with a correlation coefficient (R) of 0.103 and weighted average of 5.5%. On average, for every 1% (one percent) increase in Panamanians within a typical geography, there is an increase of 0.10% in unemployment.
It is essential to understand that the correlation between the percentage of Panamanians and unemployment 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 within an area, or if Panamanians simply ended up residing in those areas with higher or lower levels of unemployment due to other factors.
Demographics Similar to Panamanians by Unemployment
In terms of unemployment, the demographic groups most similar to Panamanians are Immigrants from Syria (5.5%, a difference of 0.030%), Immigrants from Africa (5.5%, a difference of 0.080%), Comanche (5.5%, a difference of 0.080%), Hawaiian (5.5%, a difference of 0.21%), and Ottawa (5.5%, a difference of 0.21%).
Demographics | Rating | Rank | Unemployment |
Immigrants from Lebanon | 7.0 /100 | #227 | Tragic 5.5% |
Guamanians/Chamorros | 6.3 /100 | #228 | Tragic 5.5% |
Hawaiians | 5.4 /100 | #229 | Tragic 5.5% |
Ottawa | 5.4 /100 | #230 | Tragic 5.5% |
Immigrants from Africa | 4.9 /100 | #231 | Tragic 5.5% |
Comanche | 4.9 /100 | #232 | Tragic 5.5% |
Immigrants from Syria | 4.8 /100 | #233 | Tragic 5.5% |
Panamanians | 4.7 /100 | #234 | Tragic 5.5% |
Immigrants from Panama | 3.4 /100 | #235 | Tragic 5.5% |
Immigrants from Cambodia | 3.3 /100 | #236 | Tragic 5.5% |
Moroccans | 3.2 /100 | #237 | Tragic 5.5% |
Immigrants from Western Asia | 2.8 /100 | #238 | Tragic 5.5% |
Immigrants | 2.6 /100 | #239 | Tragic 5.5% |
Cree | 2.6 /100 | #240 | Tragic 5.6% |
Tlingit-Haida | 2.0 /100 | #241 | Tragic 5.6% |
Panamanian Unemployment Correlation Summary
Measurement | Panamanian Data | Unemployment Data |
Minimum | 0.062% | 1.1% |
Maximum | 18.3% | 29.1% |
Range | 18.2% | 28.0% |
Mean | 4.8% | 5.5% |
Median | 3.5% | 5.2% |
Interquartile 25% (IQ1) | 1.7% | 3.5% |
Interquartile 75% (IQ3) | 7.3% | 6.1% |
Interquartile Range (IQR) | 5.6% | 2.6% |
Standard Deviation (Sample) | 4.1% | 4.2% |
Standard Deviation (Population) | 4.1% | 4.1% |
Correlation Details
Panamanian Percentile | Sample Size | Unemployment |
[ 0.0% - 0.5% ] 0.062% | 200,161,072 | 5.4% |
[ 0.0% - 0.5% ] 0.22% | 51,397,145 | 5.7% |
[ 0.0% - 0.5% ] 0.36% | 14,313,466 | 5.6% |
[ 0.5% - 1.0% ] 0.52% | 6,347,815 | 5.3% |
[ 0.5% - 1.0% ] 0.67% | 3,215,915 | 5.7% |
[ 0.5% - 1.0% ] 0.83% | 1,899,447 | 5.4% |
[ 0.5% - 1.0% ] 0.97% | 1,407,846 | 5.9% |
[ 1.0% - 1.5% ] 1.12% | 610,406 | 5.2% |
[ 1.0% - 1.5% ] 1.27% | 556,235 | 5.4% |
[ 1.0% - 1.5% ] 1.43% | 349,324 | 5.1% |
[ 1.5% - 2.0% ] 1.55% | 428,643 | 5.5% |
[ 1.5% - 2.0% ] 1.70% | 127,738 | 3.6% |
[ 1.5% - 2.0% ] 1.91% | 44,469 | 4.5% |
[ 2.0% - 2.5% ] 2.03% | 50,331 | 4.5% |
[ 2.0% - 2.5% ] 2.23% | 19,096 | 7.5% |
[ 2.0% - 2.5% ] 2.33% | 40,720 | 3.5% |
[ 2.0% - 2.5% ] 2.50% | 7,320 | 1.9% |
[ 2.5% - 3.0% ] 2.65% | 13,598 | 3.9% |
[ 2.5% - 3.0% ] 2.78% | 36,225 | 10.6% |
[ 2.5% - 3.0% ] 2.95% | 9,123 | 1.2% |
[ 3.0% - 3.5% ] 3.11% | 30,267 | 3.1% |
[ 3.0% - 3.5% ] 3.27% | 8,559 | 3.9% |
[ 3.0% - 3.5% ] 3.37% | 12,636 | 5.2% |
[ 3.5% - 4.0% ] 3.52% | 654 | 6.1% |
[ 3.5% - 4.0% ] 3.66% | 1,258 | 1.2% |
[ 3.5% - 4.0% ] 3.81% | 1,759 | 6.0% |
[ 4.0% - 4.5% ] 4.15% | 4,550 | 10.8% |
[ 4.0% - 4.5% ] 4.36% | 482 | 3.0% |
[ 4.0% - 4.5% ] 4.41% | 5,009 | 8.0% |
[ 4.5% - 5.0% ] 4.60% | 631 | 5.2% |
[ 4.5% - 5.0% ] 4.71% | 4,033 | 3.0% |
[ 5.0% - 5.5% ] 5.40% | 6,779 | 8.1% |
[ 5.5% - 6.0% ] 5.99% | 7,779 | 5.0% |
[ 6.0% - 6.5% ] 6.29% | 874 | 2.3% |
[ 7.0% - 7.5% ] 7.06% | 1,473 | 2.2% |
[ 7.0% - 7.5% ] 7.28% | 1,072 | 4.8% |
[ 7.0% - 7.5% ] 7.44% | 242 | 2.9% |
[ 7.5% - 8.0% ] 7.89% | 2,724 | 6.2% |
[ 8.0% - 8.5% ] 8.02% | 1,047 | 4.9% |
[ 8.0% - 8.5% ] 8.49% | 271 | 7.2% |
[ 9.0% - 9.5% ] 9.41% | 202 | 6.5% |
[ 9.5% - 10.0% ] 9.84% | 183 | 3.5% |
[ 10.0% - 10.5% ] 10.00% | 740 | 29.1% |
[ 11.5% - 12.0% ] 11.58% | 1,002 | 6.3% |
[ 13.5% - 14.0% ] 13.58% | 972 | 9.0% |
[ 14.5% - 15.0% ] 14.61% | 219 | 1.1% |
[ 18.0% - 18.5% ] 18.29% | 175 | 2.1% |