White/Caucasian vs Immigrants from Oceania Unemployment Among Ages 60 to 64 years

The statistical analysis conducted on geographies consisting of 469,979,801 people shows a substantial negative correlation between the proportion of Whites/Caucasians and unemployment rate among population between the ages 60 and 64 in the United States with a correlation coefficient (R) of -0.523 and weighted average of 4.7%. Similarly, the statistical analysis conducted on geographies consisting of 282,125,538 people shows a weak positive correlation between the proportion of Immigrants from Oceania and unemployment rate among population between the ages 60 and 64 in the United States with a correlation coefficient (R) of 0.274 and weighted average of 4.7%, a difference of 0.63%.

In terms of unemployment among ages 60 to 64 years, the demographic groups most similar to Whites/Caucasians are Immigrants from Canada (4.7%, a difference of 0.010%), Malaysian (4.7%, a difference of 0.020%), Portuguese (4.7%, a difference of 0.030%), Paraguayan (4.7%, a difference of 0.040%), and Egyptian (4.7%, a difference of 0.060%). Similarly, the demographic groups most similar to Immigrants from Oceania are Thai (4.7%, a difference of 0.020%), Immigrants from Sri Lanka (4.7%, a difference of 0.020%), Immigrants from Jordan (4.7%, a difference of 0.040%), Immigrants from Bulgaria (4.7%, a difference of 0.11%), and Immigrants from Northern Africa (4.7%, a difference of 0.11%).