Scandinavian Unemployment Among Ages 65 to 74 years

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Unemployment Among Ages 65 to 74 years
Income
Poverty
Unemployment
Labor Participation
Family Structure
Vehicle Availability
Education Level
Disability

Scandinavian Unemployment Among Ages 65 to 74 years
Exceptional

5.2%
UNEMPLOYMENT | 65 TO 74 YEARS
99.1/ 100
METRIC RATING
69th/ 347
METRIC RANK

Scandinavian Unemployment Among Ages 65 to 74 years Correlation Chart

The statistical analysis conducted on geographies consisting of 389,647,988 people shows a very strong positive correlation between the proportion of Scandinavians and unemployment rate among population between the ages 65 and 74 in the United States with a correlation coefficient (R) of 0.818 and weighted average of 5.2%. On average, for every 1% (one percent) increase in Scandinavians within a typical geography, there is an increase of 4.2% in unemployment rate among population between the ages 65 and 74.
Scandinavian Unemployment Among Ages 65 to 74 years
It is essential to understand that the correlation between the percentage of Scandinavians and unemployment rate among population between the ages 65 and 74 does not imply a direct cause-and-effect relationship. It remains uncertain whether the presence of Scandinavians influences an upward or downward trend in the level of unemployment rate among population between the ages 65 and 74 within an area, or if Scandinavians simply ended up residing in those areas with higher or lower levels of unemployment rate among population between the ages 65 and 74 due to other factors.

Demographics Similar to Scandinavians by Unemployment Among Ages 65 to 74 years

In terms of unemployment among ages 65 to 74 years, the demographic groups most similar to Scandinavians are Immigrants from Japan (5.2%, a difference of 0.010%), Swiss (5.1%, a difference of 0.070%), Latvian (5.1%, a difference of 0.070%), Iroquois (5.1%, a difference of 0.12%), and Scotch-Irish (5.2%, a difference of 0.13%).
DemographicsRating | RankUnemployment Among Ages 65 to 74 years
Nicaraguans
99.4
/100
|
#62
Exceptional
5.1%
Kiowa
99.3
/100
|
#63
Exceptional
5.1%
Immigrants from Moldova
99.3
/100
|
#64
Exceptional
5.1%
Bolivians
99.3
/100
|
#65
Exceptional
5.1%
Iroquois
99.3
/100
|
#66
Exceptional
5.1%
Swiss
99.2
/100
|
#67
Exceptional
5.1%
Latvians
99.2
/100
|
#68
Exceptional
5.1%
Scandinavians
99.1
/100
|
#69
Exceptional
5.2%
Immigrants from Japan
99.1
/100
|
#70
Exceptional
5.2%
Scotch-Irish
99.0
/100
|
#71
Exceptional
5.2%
Immigrants from Oceania
99.0
/100
|
#72
Exceptional
5.2%
Filipinos
99.0
/100
|
#73
Exceptional
5.2%
Afghans
99.0
/100
|
#74
Exceptional
5.2%
Okinawans
99.0
/100
|
#75
Exceptional
5.2%
Estonians
99.0
/100
|
#76
Exceptional
5.2%

Scandinavian Unemployment Among Ages 65 to 74 years Correlation Summary

MeasurementScandinavian DataUnemployment Among Ages 65 to 74 years Data
Minimum0.19%3.8%
Maximum18.6%100.0%
Range18.4%96.2%
Mean6.8%19.7%
Median5.7%8.4%
Interquartile 25% (IQ1)2.7%5.2%
Interquartile 75% (IQ3)8.9%17.3%
Interquartile Range (IQR)6.2%12.2%
Standard Deviation (Sample)5.3%27.4%
Standard Deviation (Population)5.2%26.8%

Correlation Details

Scandinavian PercentileSample SizeUnemployment Among Ages 65 to 74 years
[
0.0%
-
0.5%
]
0.19%
320,169,7795.1%
[
0.5%
-
1.0%
]
0.69%
46,197,4955.1%
[
1.0%
-
1.5%
]
1.21%
12,610,1604.9%
[
1.5%
-
2.0%
]
1.73%
5,503,8855.2%
[
2.0%
-
2.5%
]
2.21%
3,098,2555.8%
[
2.5%
-
3.0%
]
2.71%
1,382,0014.6%
[
3.0%
-
3.5%
]
3.22%
402,6587.6%
[
3.5%
-
4.0%
]
3.72%
141,6826.3%
[
4.0%
-
4.5%
]
4.28%
46,2125.9%
[
4.5%
-
5.0%
]
4.59%
17,7648.6%
[
5.0%
-
5.5%
]
5.21%
28,08613.0%
[
5.5%
-
6.0%
]
5.73%
16,5536.2%
[
6.0%
-
6.5%
]
6.29%
9,90210.5%
[
6.5%
-
7.0%
]
6.76%
6,76317.3%
[
7.0%
-
7.5%
]
7.27%
7,8023.8%
[
7.5%
-
8.0%
]
7.75%
2,6968.4%
[
8.0%
-
8.5%
]
8.21%
3,91236.8%
[
8.5%
-
9.0%
]
8.88%
1,08111.6%
[
11.5%
-
12.0%
]
11.52%
43412.5%
[
14.5%
-
15.0%
]
14.72%
26540.0%
[
15.0%
-
15.5%
]
15.38%
6533.3%
[
16.5%
-
17.0%
]
16.57%
495100.0%
[
18.5%
-
19.0%
]
18.60%
43100.0%