Venezuelan Unemployment Among Ages 20 to 24 years
COMPARE
Venezuelan
Select to Compare
Unemployment Among Ages 20 to 24 years
Venezuelan Unemployment Among Ages 20 to 24 years
9.0%
UNEMPLOYMENT | 20 TO 24 YEARS
100.0/ 100
METRIC RATING
4th/ 347
METRIC RANK
Venezuelan Unemployment Among Ages 20 to 24 years Correlation Chart
The statistical analysis conducted on geographies consisting of 300,469,812 people shows a moderate negative correlation between the proportion of Venezuelans and unemployment rate among population between the ages 20 and 24 in the United States with a correlation coefficient (R) of -0.420 and weighted average of 9.0%. On average, for every 1% (one percent) increase in Venezuelans within a typical geography, there is a decrease of 0.18% in unemployment rate among population between the ages 20 and 24.
It is essential to understand that the correlation between the percentage of Venezuelans 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 Venezuelans 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 Venezuelans 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 Venezuelans by Unemployment Among Ages 20 to 24 years
In terms of unemployment among ages 20 to 24 years, the demographic groups most similar to Venezuelans are Indonesian (9.0%, a difference of 0.21%), Norwegian (9.0%, a difference of 0.22%), Immigrants from Burma/Myanmar (9.1%, a difference of 0.82%), Luxembourger (9.1%, a difference of 1.2%), and Somali (9.1%, a difference of 1.2%).
| Demographics | Rating | Rank | Unemployment Among Ages 20 to 24 years |
| Immigrants from Cuba | 100.0 /100 | #1 | Exceptional 8.7% |
| Immigrants from Venezuela | 100.0 /100 | #2 | Exceptional 8.9% |
| Indonesians | 100.0 /100 | #3 | Exceptional 9.0% |
| Venezuelans | 100.0 /100 | #4 | Exceptional 9.0% |
| Norwegians | 100.0 /100 | #5 | Exceptional 9.0% |
| Immigrants from Burma/Myanmar | 100.0 /100 | #6 | Exceptional 9.1% |
| Luxembourgers | 100.0 /100 | #7 | Exceptional 9.1% |
| Somalis | 100.0 /100 | #8 | Exceptional 9.1% |
| Immigrants from Somalia | 100.0 /100 | #9 | Exceptional 9.2% |
| Sudanese | 100.0 /100 | #10 | Exceptional 9.2% |
| Zimbabweans | 100.0 /100 | #11 | Exceptional 9.2% |
| Cubans | 100.0 /100 | #12 | Exceptional 9.2% |
| Immigrants from Congo | 100.0 /100 | #13 | Exceptional 9.2% |
| Slovenes | 100.0 /100 | #14 | Exceptional 9.3% |
| Immigrants from Sudan | 100.0 /100 | #15 | Exceptional 9.3% |
Venezuelan Unemployment Among Ages 20 to 24 years Correlation Summary
| Measurement | Venezuelan Data | Unemployment Among Ages 20 to 24 years Data |
| Minimum | 0.089% | 1.2% |
| Maximum | 41.1% | 17.0% |
| Range | 41.0% | 15.8% |
| Mean | 7.7% | 8.6% |
| Median | 5.5% | 9.3% |
| Interquartile 25% (IQ1) | 2.8% | 6.3% |
| Interquartile 75% (IQ3) | 10.2% | 10.3% |
| Interquartile Range (IQR) | 7.5% | 4.0% |
| Standard Deviation (Sample) | 8.3% | 3.5% |
| Standard Deviation (Population) | 8.2% | 3.5% |
Correlation Details
| Venezuelan Percentile | Sample Size | Unemployment Among Ages 20 to 24 years |
[ 0.0% - 0.5% ] 0.089% | 201,289,509 | 10.3% |
[ 0.0% - 0.5% ] 0.29% | 45,706,076 | 9.6% |
[ 0.5% - 1.0% ] 0.50% | 17,920,740 | 9.0% |
[ 0.5% - 1.0% ] 0.72% | 10,996,715 | 9.7% |
[ 0.5% - 1.0% ] 0.92% | 5,385,104 | 10.0% |
[ 1.0% - 1.5% ] 1.13% | 3,393,846 | 9.3% |
[ 1.0% - 1.5% ] 1.32% | 2,682,028 | 9.4% |
[ 1.5% - 2.0% ] 1.53% | 1,011,897 | 10.3% |
[ 1.5% - 2.0% ] 1.76% | 1,483,049 | 9.6% |
[ 1.5% - 2.0% ] 1.94% | 1,118,602 | 9.7% |
[ 2.0% - 2.5% ] 2.16% | 927,671 | 9.7% |
[ 2.0% - 2.5% ] 2.36% | 1,225,001 | 11.4% |
[ 2.5% - 3.0% ] 2.56% | 686,680 | 9.1% |
[ 2.5% - 3.0% ] 2.79% | 821,144 | 10.3% |
[ 2.5% - 3.0% ] 2.97% | 402,269 | 7.2% |
[ 3.0% - 3.5% ] 3.20% | 309,291 | 8.4% |
[ 3.0% - 3.5% ] 3.36% | 73,980 | 11.4% |
[ 3.5% - 4.0% ] 3.60% | 309,315 | 7.9% |
[ 3.5% - 4.0% ] 3.82% | 291,426 | 6.9% |
[ 4.0% - 4.5% ] 4.02% | 376,001 | 9.8% |
[ 4.0% - 4.5% ] 4.17% | 1,047,638 | 7.7% |
[ 4.0% - 4.5% ] 4.41% | 406,226 | 10.1% |
[ 4.5% - 5.0% ] 4.61% | 375,999 | 6.2% |
[ 4.5% - 5.0% ] 4.86% | 37,842 | 1.2% |
[ 5.0% - 5.5% ] 5.04% | 214,950 | 10.3% |
[ 5.0% - 5.5% ] 5.30% | 228,917 | 8.3% |
[ 5.0% - 5.5% ] 5.44% | 118,501 | 12.1% |
[ 5.5% - 6.0% ] 5.66% | 143,423 | 7.1% |
[ 5.5% - 6.0% ] 5.79% | 56,701 | 15.5% |
[ 6.0% - 6.5% ] 6.02% | 74,703 | 5.3% |
[ 6.0% - 6.5% ] 6.33% | 54,187 | 12.2% |
[ 6.0% - 6.5% ] 6.44% | 71,293 | 14.9% |
[ 6.5% - 7.0% ] 6.68% | 293,556 | 7.2% |
[ 7.0% - 7.5% ] 7.23% | 15,582 | 11.5% |
[ 7.5% - 8.0% ] 7.58% | 25,418 | 17.0% |
[ 7.5% - 8.0% ] 7.65% | 87,192 | 5.6% |
[ 7.5% - 8.0% ] 7.84% | 40,467 | 15.1% |
[ 8.0% - 8.5% ] 8.37% | 23,708 | 1.8% |
[ 8.5% - 9.0% ] 8.66% | 48,762 | 7.4% |
[ 9.0% - 9.5% ] 9.13% | 87,095 | 11.9% |
[ 10.0% - 10.5% ] 10.25% | 19,895 | 6.3% |
[ 10.0% - 10.5% ] 10.34% | 57,327 | 9.3% |
[ 11.0% - 11.5% ] 11.18% | 121,078 | 1.5% |
[ 11.5% - 12.0% ] 11.61% | 14,557 | 9.7% |
[ 12.0% - 12.5% ] 12.10% | 20,034 | 6.2% |
[ 12.0% - 12.5% ] 12.28% | 26,021 | 11.1% |
[ 13.0% - 13.5% ] 13.17% | 22,540 | 4.0% |
[ 13.5% - 14.0% ] 13.53% | 54,464 | 11.2% |
[ 15.0% - 15.5% ] 15.42% | 68,029 | 7.9% |
[ 16.0% - 16.5% ] 16.28% | 31,514 | 4.9% |
[ 16.0% - 16.5% ] 16.50% | 26,364 | 1.9% |
[ 25.0% - 25.5% ] 25.14% | 5,843 | 4.2% |
[ 40.5% - 41.0% ] 40.84% | 64,751 | 4.3% |
[ 41.0% - 41.5% ] 41.11% | 74,891 | 3.0% |