Australian Unemployment Among Ages 25 to 29 years

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Unemployment Among Ages 25 to 29 years
Income
Poverty
Unemployment
Labor Participation
Family Structure
Vehicle Availability
Education Level
Disability

Australian Unemployment Among Ages 25 to 29 years
Exceptional

6.4%
UNEMPLOYMENT | 25 TO 29 YEARS
93.6/ 100
METRIC RATING
93rd/ 347
METRIC RANK

Australian Unemployment Among Ages 25 to 29 years Correlation Chart

The statistical analysis conducted on geographies consisting of 216,520,214 people shows a significant positive correlation between the proportion of Australians and unemployment rate among population between the ages 25 and 29 in the United States with a correlation coefficient (R) of 0.699 and weighted average of 6.4%. On average, for every 1% (one percent) increase in Australians within a typical geography, there is an increase of 10.5% in unemployment rate among population between the ages 25 and 29.
Australian Unemployment Among Ages 25 to 29 years
It is essential to understand that the correlation between the percentage of Australians and unemployment rate among population between the ages 25 and 29 does not imply a direct cause-and-effect relationship. It remains uncertain whether the presence of Australians influences an upward or downward trend in the level of unemployment rate among population between the ages 25 and 29 within an area, or if Australians simply ended up residing in those areas with higher or lower levels of unemployment rate among population between the ages 25 and 29 due to other factors.

Demographics Similar to Australians by Unemployment Among Ages 25 to 29 years

In terms of unemployment among ages 25 to 29 years, the demographic groups most similar to Australians are Immigrants from North Macedonia (6.4%, a difference of 0.0%), Zimbabwean (6.4%, a difference of 0.050%), Egyptian (6.4%, a difference of 0.060%), Lebanese (6.4%, a difference of 0.070%), and Immigrants from Oceania (6.4%, a difference of 0.14%).
DemographicsRating | RankUnemployment Among Ages 25 to 29 years
Immigrants from Asia
94.9
/100
|
#86
Exceptional
6.3%
Marshallese
94.7
/100
|
#87
Exceptional
6.4%
Immigrants from Indonesia
94.5
/100
|
#88
Exceptional
6.4%
Immigrants from Oceania
94.1
/100
|
#89
Exceptional
6.4%
Lebanese
93.9
/100
|
#90
Exceptional
6.4%
Egyptians
93.9
/100
|
#91
Exceptional
6.4%
Immigrants from North Macedonia
93.6
/100
|
#92
Exceptional
6.4%
Australians
93.6
/100
|
#93
Exceptional
6.4%
Zimbabweans
93.5
/100
|
#94
Exceptional
6.4%
Afghans
92.5
/100
|
#95
Exceptional
6.4%
Immigrants from Brazil
92.1
/100
|
#96
Exceptional
6.4%
Immigrants from Eastern Europe
91.9
/100
|
#97
Exceptional
6.4%
Serbians
91.7
/100
|
#98
Exceptional
6.4%
Iraqis
91.3
/100
|
#99
Exceptional
6.4%
Uruguayans
91.2
/100
|
#100
Exceptional
6.4%

Australian Unemployment Among Ages 25 to 29 years Correlation Summary

MeasurementAustralian DataUnemployment Among Ages 25 to 29 years Data
Minimum0.036%2.8%
Maximum5.1%100.0%
Range5.1%97.2%
Mean1.6%13.2%
Median1.5%8.4%
Interquartile 25% (IQ1)0.72%6.3%
Interquartile 75% (IQ3)2.4%13.1%
Interquartile Range (IQR)1.7%6.8%
Standard Deviation (Sample)1.1%17.0%
Standard Deviation (Population)1.1%16.7%

Correlation Details

Australian PercentileSample SizeUnemployment Among Ages 25 to 29 years
[
0.0%
-
0.5%
]
0.036%
173,629,8826.2%
[
0.0%
-
0.5%
]
0.13%
25,887,0825.8%
[
0.0%
-
0.5%
]
0.22%
8,336,2886.6%
[
0.0%
-
0.5%
]
0.31%
3,559,8896.1%
[
0.0%
-
0.5%
]
0.40%
1,936,7907.1%
[
0.5%
-
1.0%
]
0.50%
1,118,9367.1%
[
0.5%
-
1.0%
]
0.58%
710,1617.1%
[
0.5%
-
1.0%
]
0.67%
462,0554.8%
[
0.5%
-
1.0%
]
0.76%
271,7668.9%
[
0.5%
-
1.0%
]
0.87%
213,4496.4%
[
0.5%
-
1.0%
]
0.96%
81,25712.9%
[
1.0%
-
1.5%
]
1.06%
15,36210.3%
[
1.0%
-
1.5%
]
1.14%
32,86210.5%
[
1.0%
-
1.5%
]
1.20%
25,6378.8%
[
1.0%
-
1.5%
]
1.30%
51,9788.2%
[
1.0%
-
1.5%
]
1.41%
2,7682.8%
[
1.0%
-
1.5%
]
1.48%
12,8448.5%
[
1.5%
-
2.0%
]
1.61%
58,3005.5%
[
1.5%
-
2.0%
]
1.71%
15,2647.5%
[
1.5%
-
2.0%
]
1.82%
30,2907.7%
[
1.5%
-
2.0%
]
1.90%
6,32613.2%
[
1.5%
-
2.0%
]
1.94%
32,3478.4%
[
2.0%
-
2.5%
]
2.02%
9394.2%
[
2.0%
-
2.5%
]
2.18%
3,12521.4%
[
2.0%
-
2.5%
]
2.36%
8,68422.3%
[
2.0%
-
2.5%
]
2.49%
9,6144.0%
[
2.5%
-
3.0%
]
2.57%
2,17517.2%
[
2.5%
-
3.0%
]
2.78%
53922.5%
[
2.5%
-
3.0%
]
2.91%
37833.3%
[
2.5%
-
3.0%
]
2.94%
1369.1%
[
3.0%
-
3.5%
]
3.02%
36420.0%
[
3.0%
-
3.5%
]
3.34%
2,5139.6%
[
5.0%
-
5.5%
]
5.14%
214100.0%