Panamanian vs Spanish Unemployment Among Ages 25 to 29 years

The statistical analysis conducted on geographies consisting of 273,620,006 people shows a very strong positive correlation between the proportion of Panamanians and unemployment rate among population between the ages 25 and 29 in the United States with a correlation coefficient (R) of 0.841 and weighted average of 7.0%. Similarly, the statistical analysis conducted on geographies consisting of 399,195,513 people shows a moderate positive correlation between the proportion of Spanish and unemployment rate among population between the ages 25 and 29 in the United States with a correlation coefficient (R) of 0.468 and weighted average of 6.8%, a difference of 3.1%.

In terms of unemployment among ages 25 to 29 years, the demographic groups most similar to Panamanians are French Canadian (7.0%, a difference of 0.16%), Immigrants from Honduras (7.0%, a difference of 0.18%), Spanish American (7.0%, a difference of 0.37%), Central American (7.0%, a difference of 0.51%), and Immigrants from El Salvador (7.0%, a difference of 0.81%). Similarly, the demographic groups most similar to Spanish are Slovak (6.8%, a difference of 0.020%), Ute (6.8%, a difference of 0.13%), Immigrants from Austria (6.8%, a difference of 0.28%), White/Caucasian (6.9%, a difference of 0.53%), and French (6.9%, a difference of 0.54%).