Serbian 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

Serbian Unemployment Among Ages 65 to 74 years
Exceptional

5.2%
UNEMPLOYMENT | 65 TO 74 YEARS
97.0/ 100
METRIC RATING
95th/ 347
METRIC RANK

Serbian Unemployment Among Ages 65 to 74 years Correlation Chart

The statistical analysis conducted on geographies consisting of 243,340,677 people shows a strong positive correlation between the proportion of Serbians and unemployment rate among population between the ages 65 and 74 in the United States with a correlation coefficient (R) of 0.749 and weighted average of 5.2%. On average, for every 1% (one percent) increase in Serbians within a typical geography, there is an increase of 7.6% in unemployment rate among population between the ages 65 and 74.
Serbian Unemployment Among Ages 65 to 74 years
It is essential to understand that the correlation between the percentage of Serbians 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 Serbians 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 Serbians 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 Serbians by Unemployment Among Ages 65 to 74 years

In terms of unemployment among ages 65 to 74 years, the demographic groups most similar to Serbians are South African (5.2%, a difference of 0.0%), Immigrants from Netherlands (5.2%, a difference of 0.020%), Immigrants from Thailand (5.2%, a difference of 0.020%), Puget Sound Salish (5.2%, a difference of 0.080%), and Romanian (5.2%, a difference of 0.11%).
DemographicsRating | RankUnemployment Among Ages 65 to 74 years
Immigrants from Saudi Arabia
97.9
/100
|
#88
Exceptional
5.2%
English
97.8
/100
|
#89
Exceptional
5.2%
Luxembourgers
97.6
/100
|
#90
Exceptional
5.2%
Romanians
97.4
/100
|
#91
Exceptional
5.2%
Puget Sound Salish
97.3
/100
|
#92
Exceptional
5.2%
Immigrants from Netherlands
97.1
/100
|
#93
Exceptional
5.2%
South Africans
97.1
/100
|
#94
Exceptional
5.2%
Serbians
97.0
/100
|
#95
Exceptional
5.2%
Immigrants from Thailand
97.0
/100
|
#96
Exceptional
5.2%
Senegalese
96.5
/100
|
#97
Exceptional
5.2%
Welsh
96.5
/100
|
#98
Exceptional
5.2%
Burmese
96.4
/100
|
#99
Exceptional
5.2%
Japanese
96.4
/100
|
#100
Exceptional
5.2%
Immigrants from Cambodia
96.3
/100
|
#101
Exceptional
5.2%
Immigrants from Lithuania
95.9
/100
|
#102
Exceptional
5.2%

Serbian Unemployment Among Ages 65 to 74 years Correlation Summary

MeasurementSerbian DataUnemployment Among Ages 65 to 74 years Data
Minimum0.066%1.4%
Maximum11.6%100.0%
Range11.5%98.6%
Mean3.3%16.3%
Median2.8%5.7%
Interquartile 25% (IQ1)1.3%4.8%
Interquartile 75% (IQ3)4.5%15.0%
Interquartile Range (IQR)3.2%10.2%
Standard Deviation (Sample)2.7%27.1%
Standard Deviation (Population)2.6%26.5%

Correlation Details

Serbian PercentileSample SizeUnemployment Among Ages 65 to 74 years
[
0.0%
-
0.5%
]
0.066%
214,768,1484.9%
[
0.0%
-
0.5%
]
0.32%
19,200,9545.2%
[
0.5%
-
1.0%
]
0.58%
4,633,8404.9%
[
0.5%
-
1.0%
]
0.83%
2,031,2605.3%
[
1.0%
-
1.5%
]
1.10%
1,051,6195.9%
[
1.0%
-
1.5%
]
1.31%
582,9655.7%
[
1.5%
-
2.0%
]
1.56%
211,35410.5%
[
1.5%
-
2.0%
]
1.82%
487,4475.4%
[
2.0%
-
2.5%
]
2.07%
153,6614.4%
[
2.0%
-
2.5%
]
2.33%
42,3122.3%
[
2.0%
-
2.5%
]
2.47%
72,4214.1%
[
2.5%
-
3.0%
]
2.82%
21,35716.1%
[
2.5%
-
3.0%
]
2.99%
6,08111.2%
[
3.0%
-
3.5%
]
3.19%
20,86713.4%
[
3.5%
-
4.0%
]
3.56%
31,6816.6%
[
3.5%
-
4.0%
]
3.80%
52620.0%
[
3.5%
-
4.0%
]
3.90%
11,92915.0%
[
4.5%
-
5.0%
]
4.51%
5103.1%
[
5.0%
-
5.5%
]
5.10%
5,4714.8%
[
5.5%
-
6.0%
]
5.97%
3,1681.4%
[
6.5%
-
7.0%
]
6.91%
2,05423.7%
[
7.0%
-
7.5%
]
7.09%
550100.0%
[
11.5%
-
12.0%
]
11.55%
502100.0%