Immigrants from Colombia Unemployment Among Ages 20 to 24 years Correlation Chart
The statistical analysis conducted on geographies consisting of 369,036,821 people shows a poor negative correlation between the proportion of Immigrants from Colombia and unemployment rate among population between the ages 20 and 24 in the United States with a correlation coefficient (R) of -0.170 and weighted average of 10.3%. On average, for every 1% (one percent) increase in Immigrants from Colombia within a typical geography, there is a decrease of 0.17% in unemployment rate among population between the ages 20 and 24.
It is essential to understand that the correlation between the percentage of Immigrants from Colombia 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 Immigrants from Colombia 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 Immigrants from Colombia 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 Immigrants from Colombia 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 Colombia are Iraqi (10.3%, a difference of 0.020%), Turkish (10.3%, a difference of 0.040%), Italian (10.3%, a difference of 0.050%), Immigrants from Fiji (10.3%, a difference of 0.050%), and Lebanese (10.3%, a difference of 0.070%).