Venezuelan vs European Unemployment
COMPARE
Venezuelan
European
Unemployment
Unemployment Comparison
Venezuelans
Europeans
4.7%
UNEMPLOYMENT
99.9/ 100
METRIC RATING
24th/ 347
METRIC RANK
4.6%
UNEMPLOYMENT
99.9/ 100
METRIC RATING
15th/ 347
METRIC RANK
Venezuelan vs European Unemployment Correlation Chart
The statistical analysis conducted on geographies consisting of 306,194,859 people shows a poor negative correlation between the proportion of Venezuelans and unemployment in the United States with a correlation coefficient (R) of -0.161 and weighted average of 4.7%. Similarly, the statistical analysis conducted on geographies consisting of 558,532,246 people shows a significant positive correlation between the proportion of Europeans and unemployment in the United States with a correlation coefficient (R) of 0.685 and weighted average of 4.6%, a difference of 1.3%.
Unemployment Correlation Summary
| Measurement | Venezuelan | European |
| Minimum | 1.1% | 0.40% |
| Maximum | 16.4% | 100.0% |
| Range | 15.3% | 99.6% |
| Mean | 4.6% | 9.7% |
| Median | 4.5% | 5.0% |
| Interquartile 25% (IQ1) | 3.8% | 4.2% |
| Interquartile 75% (IQ3) | 4.9% | 9.2% |
| Interquartile Range (IQR) | 1.1% | 5.0% |
| Standard Deviation (Sample) | 1.9% | 14.1% |
| Standard Deviation (Population) | 1.9% | 14.0% |
Demographics Similar to Venezuelans and Europeans by Unemployment
In terms of unemployment, the demographic groups most similar to Venezuelans are Latvian (4.7%, a difference of 0.070%), British (4.7%, a difference of 0.080%), Bulgarian (4.7%, a difference of 0.11%), Finnish (4.7%, a difference of 0.32%), and Welsh (4.7%, a difference of 0.38%). Similarly, the demographic groups most similar to Europeans are Chinese (4.7%, a difference of 0.14%), Slovene (4.7%, a difference of 0.24%), Immigrants from Venezuela (4.7%, a difference of 0.27%), Scottish (4.7%, a difference of 0.35%), and Immigrants from Cuba (4.6%, a difference of 0.48%).
| Demographics | Rating | Rank | Unemployment |
| Scandinavians | 100.0 /100 | #9 | Exceptional 4.5% |
| Dutch | 100.0 /100 | #10 | Exceptional 4.6% |
| English | 100.0 /100 | #11 | Exceptional 4.6% |
| Pennsylvania Germans | 100.0 /100 | #12 | Exceptional 4.6% |
| Belgians | 100.0 /100 | #13 | Exceptional 4.6% |
| Immigrants | Cuba | 100.0 /100 | #14 | Exceptional 4.6% |
| Europeans | 99.9 /100 | #15 | Exceptional 4.6% |
| Chinese | 99.9 /100 | #16 | Exceptional 4.7% |
| Slovenes | 99.9 /100 | #17 | Exceptional 4.7% |
| Immigrants | Venezuela | 99.9 /100 | #18 | Exceptional 4.7% |
| Scottish | 99.9 /100 | #19 | Exceptional 4.7% |
| Carpatho Rusyns | 99.9 /100 | #20 | Exceptional 4.7% |
| Welsh | 99.9 /100 | #21 | Exceptional 4.7% |
| Thais | 99.9 /100 | #22 | Exceptional 4.7% |
| British | 99.9 /100 | #23 | Exceptional 4.7% |
| Venezuelans | 99.9 /100 | #24 | Exceptional 4.7% |
| Latvians | 99.9 /100 | #25 | Exceptional 4.7% |
| Bulgarians | 99.9 /100 | #26 | Exceptional 4.7% |
| Finns | 99.9 /100 | #27 | Exceptional 4.7% |
| Cubans | 99.8 /100 | #28 | Exceptional 4.7% |
| Poles | 99.8 /100 | #29 | Exceptional 4.7% |