Venezuelan Unemployment
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Venezuelan
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Unemployment
Venezuelan Unemployment
4.7%
UNEMPLOYMENT
99.9/ 100
METRIC RATING
24th/ 347
METRIC RANK
Venezuelan Unemployment Correlation Chart
The statistical analysis conducted on geographies consisting of 306,194,859 people shows a poor negative correlation between the proportion of Venezuelans and unemployment in the United States with a correlation coefficient (R) of -0.161 and weighted average of 4.7%. On average, for every 1% (one percent) increase in Venezuelans within a typical geography, there is a decrease of 0.036% in unemployment.
It is essential to understand that the correlation between the percentage of Venezuelans and unemployment does not imply a direct cause-and-effect relationship. It remains uncertain whether the presence of Venezuelans influences an upward or downward trend in the level of unemployment within an area, or if Venezuelans simply ended up residing in those areas with higher or lower levels of unemployment due to other factors.
Demographics Similar to Venezuelans by Unemployment
In terms of unemployment, the demographic groups most similar to Venezuelans are Latvian (4.7%, a difference of 0.070%), British (4.7%, a difference of 0.080%), Bulgarian (4.7%, a difference of 0.11%), Finnish (4.7%, a difference of 0.32%), and Welsh (4.7%, a difference of 0.38%).
| Demographics | Rating | Rank | Unemployment |
| Slovenes | 99.9 /100 | #17 | Exceptional 4.7% |
| Immigrants from Venezuela | 99.9 /100 | #18 | Exceptional 4.7% |
| Scottish | 99.9 /100 | #19 | Exceptional 4.7% |
| Carpatho Rusyns | 99.9 /100 | #20 | Exceptional 4.7% |
| Welsh | 99.9 /100 | #21 | Exceptional 4.7% |
| Thais | 99.9 /100 | #22 | Exceptional 4.7% |
| British | 99.9 /100 | #23 | Exceptional 4.7% |
| Venezuelans | 99.9 /100 | #24 | Exceptional 4.7% |
| Latvians | 99.9 /100 | #25 | Exceptional 4.7% |
| Bulgarians | 99.9 /100 | #26 | Exceptional 4.7% |
| Finns | 99.9 /100 | #27 | Exceptional 4.7% |
| Cubans | 99.8 /100 | #28 | Exceptional 4.7% |
| Poles | 99.8 /100 | #29 | Exceptional 4.7% |
| Irish | 99.8 /100 | #30 | Exceptional 4.8% |
| Croatians | 99.8 /100 | #31 | Exceptional 4.8% |
Venezuelan Unemployment Correlation Summary
| Measurement | Venezuelan Data | Unemployment Data |
| Minimum | 0.089% | 1.1% |
| Maximum | 41.1% | 16.4% |
| Range | 41.0% | 15.3% |
| Mean | 8.8% | 4.6% |
| Median | 6.4% | 4.5% |
| Interquartile 25% (IQ1) | 3.2% | 3.8% |
| Interquartile 75% (IQ3) | 11.8% | 4.9% |
| Interquartile Range (IQR) | 8.6% | 1.1% |
| Standard Deviation (Sample) | 8.7% | 1.9% |
| Standard Deviation (Population) | 8.6% | 1.9% |
Correlation Details
| Venezuelan Percentile | Sample Size | Unemployment |
[ 0.0% - 0.5% ] 0.089% | 203,699,956 | 5.5% |
[ 0.0% - 0.5% ] 0.29% | 47,054,348 | 5.0% |
[ 0.5% - 1.0% ] 0.50% | 18,490,399 | 4.8% |
[ 0.5% - 1.0% ] 0.72% | 11,384,821 | 5.1% |
[ 0.5% - 1.0% ] 0.92% | 5,614,647 | 4.8% |
[ 1.0% - 1.5% ] 1.13% | 3,593,660 | 4.5% |
[ 1.0% - 1.5% ] 1.32% | 2,822,288 | 4.5% |
[ 1.5% - 2.0% ] 1.53% | 1,068,014 | 4.8% |
[ 1.5% - 2.0% ] 1.76% | 1,543,923 | 4.7% |
[ 1.5% - 2.0% ] 1.94% | 1,185,610 | 4.6% |
[ 2.0% - 2.5% ] 2.16% | 939,311 | 4.4% |
[ 2.0% - 2.5% ] 2.36% | 1,243,792 | 5.1% |
[ 2.5% - 3.0% ] 2.55% | 714,466 | 5.0% |
[ 2.5% - 3.0% ] 2.79% | 850,114 | 4.9% |
[ 2.5% - 3.0% ] 2.96% | 414,774 | 4.3% |
[ 3.0% - 3.5% ] 3.20% | 310,593 | 4.9% |
[ 3.0% - 3.5% ] 3.36% | 81,962 | 4.0% |
[ 3.5% - 4.0% ] 3.59% | 331,864 | 4.3% |
[ 3.5% - 4.0% ] 3.82% | 291,426 | 4.2% |
[ 4.0% - 4.5% ] 4.02% | 379,602 | 4.5% |
[ 4.0% - 4.5% ] 4.17% | 1,048,335 | 4.8% |
[ 4.0% - 4.5% ] 4.41% | 412,584 | 4.8% |
[ 4.5% - 5.0% ] 4.61% | 375,999 | 4.0% |
[ 4.5% - 5.0% ] 4.86% | 37,842 | 5.0% |
[ 5.0% - 5.5% ] 5.04% | 216,448 | 4.3% |
[ 5.0% - 5.5% ] 5.30% | 229,655 | 4.2% |
[ 5.0% - 5.5% ] 5.44% | 118,501 | 5.2% |
[ 5.5% - 6.0% ] 5.66% | 143,423 | 4.9% |
[ 5.5% - 6.0% ] 5.79% | 56,701 | 4.8% |
[ 6.0% - 6.5% ] 6.02% | 74,703 | 4.4% |
[ 6.0% - 6.5% ] 6.33% | 54,187 | 3.7% |
[ 6.0% - 6.5% ] 6.44% | 71,293 | 6.8% |
[ 6.5% - 7.0% ] 6.68% | 293,556 | 4.0% |
[ 6.5% - 7.0% ] 6.83% | 8,024 | 3.3% |
[ 7.0% - 7.5% ] 7.26% | 55,203 | 3.4% |
[ 7.5% - 8.0% ] 7.58% | 26,692 | 2.8% |
[ 7.5% - 8.0% ] 7.65% | 89,056 | 4.0% |
[ 7.5% - 8.0% ] 7.84% | 40,467 | 4.4% |
[ 8.0% - 8.5% ] 8.22% | 7,104 | 3.8% |
[ 8.0% - 8.5% ] 8.37% | 23,708 | 4.8% |
[ 8.5% - 9.0% ] 8.67% | 81,643 | 4.6% |
[ 8.5% - 9.0% ] 8.97% | 468 | 7.6% |
[ 9.0% - 9.5% ] 9.13% | 87,095 | 5.7% |
[ 10.0% - 10.5% ] 10.25% | 19,895 | 3.6% |
[ 10.0% - 10.5% ] 10.34% | 57,327 | 7.0% |
[ 11.0% - 11.5% ] 11.18% | 121,078 | 2.8% |
[ 11.5% - 12.0% ] 11.61% | 14,557 | 4.6% |
[ 11.5% - 12.0% ] 11.77% | 1,810 | 4.0% |
[ 12.0% - 12.5% ] 12.10% | 20,034 | 4.0% |
[ 12.0% - 12.5% ] 12.28% | 26,021 | 4.4% |
[ 13.0% - 13.5% ] 13.17% | 22,540 | 3.5% |
[ 13.5% - 14.0% ] 13.53% | 54,464 | 6.9% |
[ 13.5% - 14.0% ] 13.71% | 1,794 | 6.0% |
[ 14.0% - 14.5% ] 14.19% | 1,057 | 5.8% |
[ 15.0% - 15.5% ] 15.42% | 68,029 | 2.9% |
[ 15.5% - 16.0% ] 15.77% | 11,809 | 2.4% |
[ 16.0% - 16.5% ] 16.28% | 31,514 | 3.1% |
[ 16.0% - 16.5% ] 16.50% | 27,124 | 1.6% |
[ 19.5% - 20.0% ] 19.90% | 191 | 16.4% |
[ 25.0% - 25.5% ] 25.14% | 5,843 | 3.6% |
[ 36.0% - 36.5% ] 36.04% | 1,873 | 1.1% |
[ 40.5% - 41.0% ] 40.84% | 64,751 | 2.8% |
[ 41.0% - 41.5% ] 41.11% | 74,891 | 2.5% |