Taiwanese vs Immigrants from Venezuela Unemployment Among Ages 20 to 24 years

The statistical analysis conducted on geographies consisting of 31,679,068 people shows a poor negative correlation between the proportion of Taiwanese and unemployment rate among population between the ages 20 and 24 in the United States with a correlation coefficient (R) of -0.114 and weighted average of 9.4%. Similarly, the statistical analysis conducted on geographies consisting of 282,850,918 people shows a moderate negative correlation between the proportion of Immigrants from Venezuela and unemployment rate among population between the ages 20 and 24 in the United States with a correlation coefficient (R) of -0.416 and weighted average of 8.9%, a difference of 6.0%.

Unemployment Among Ages 20 to 24 years Correlation Summary

Measurement	Taiwanese	Immigrants from Venezuela
Minimum	2.2%	0.60%
Maximum	22.1%	18.2%
Range	19.9%	17.6%
Mean	9.4%	8.3%
Median	9.4%	8.4%
Interquartile 25% (IQ1)	7.4%	5.9%
Interquartile 75% (IQ3)	11.7%	10.5%
Interquartile Range (IQR)	4.3%	4.5%
Standard Deviation (Sample)	3.7%	3.6%
Standard Deviation (Population)	3.6%	3.6%

Similar Demographics by Unemployment Among Ages 20 to 24 years

Demographics Similar to Taiwanese by Unemployment Among Ages 20 to 24 years

In terms of unemployment among ages 20 to 24 years, the demographic groups most similar to Taiwanese are Immigrants from Eritrea (9.5%, a difference of 0.25%), Swedish (9.5%, a difference of 0.25%), Tongan (9.4%, a difference of 0.31%), Immigrants from Nepal (9.4%, a difference of 0.31%), and Immigrants from Bosnia and Herzegovina (9.4%, a difference of 0.58%).

Demographics	Rating \| Rank	Unemployment Among Ages 20 to 24 years
Czechs	100.0 /100 \| #17	Exceptional 9.3%
Chinese	100.0 /100 \| #18	Exceptional 9.4%
Hmong	100.0 /100 \| #19	Exceptional 9.4%
Osage	100.0 /100 \| #20	Exceptional 9.4%
Immigrants \| Bosnia and Herzegovina	100.0 /100 \| #21	Exceptional 9.4%
Tongans	100.0 /100 \| #22	Exceptional 9.4%
Immigrants \| Nepal	100.0 /100 \| #23	Exceptional 9.4%
Taiwanese	100.0 /100 \| #24	Exceptional 9.4%
Immigrants \| Eritrea	100.0 /100 \| #25	Exceptional 9.5%
Swedes	100.0 /100 \| #26	Exceptional 9.5%
Immigrants \| Zimbabwe	100.0 /100 \| #27	Exceptional 9.5%
Immigrants \| Afghanistan	100.0 /100 \| #28	Exceptional 9.5%
Immigrants \| North Macedonia	100.0 /100 \| #29	Exceptional 9.5%
Scandinavians	100.0 /100 \| #30	Exceptional 9.5%
Immigrants \| Eastern Africa	100.0 /100 \| #31	Exceptional 9.5%

Demographics Similar to Immigrants from Venezuela by Unemployment Among Ages 20 to 24 years

In terms of unemployment among ages 20 to 24 years, the demographic groups most similar to Immigrants from Venezuela are Indonesian (9.0%, a difference of 1.0%), Venezuelan (9.0%, a difference of 1.3%), Norwegian (9.0%, a difference of 1.5%), Immigrants from Burma/Myanmar (9.1%, a difference of 2.1%), and Luxembourger (9.1%, a difference of 2.5%).

Demographics	Rating \| Rank	Unemployment Among Ages 20 to 24 years
Immigrants \| Cuba	100.0 /100 \| #1	Exceptional 8.7%
Immigrants \| 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 \| 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 \| 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 \| Congo	100.0 /100 \| #13	Exceptional 9.2%
Slovenes	100.0 /100 \| #14	Exceptional 9.3%
Immigrants \| Sudan	100.0 /100 \| #15	Exceptional 9.3%