Hispanic or Latino vs South American Unemployment Among Ages 20 to 24 years

The statistical analysis conducted on geographies consisting of 523,810,007 people shows a weak positive correlation between the proportion of Hispanics or Latinos and unemployment rate among population between the ages 20 and 24 in the United States with a correlation coefficient (R) of 0.289 and weighted average of 10.7%. Similarly, the statistical analysis conducted on geographies consisting of 472,124,261 people shows a mild negative correlation between the proportion of South Americans and unemployment rate among population between the ages 20 and 24 in the United States with a correlation coefficient (R) of -0.331 and weighted average of 10.4%, a difference of 2.9%.

In terms of unemployment among ages 20 to 24 years, the demographic groups most similar to Hispanics or Latinos are Immigrants from Iran (10.8%, a difference of 0.13%), Immigrants from Mexico (10.7%, a difference of 0.19%), Immigrants from Belarus (10.7%, a difference of 0.25%), Moroccan (10.7%, a difference of 0.29%), and Immigrants from Albania (10.8%, a difference of 0.34%).

In terms of unemployment among ages 20 to 24 years, the demographic groups most similar to South Americans are Immigrants from Middle Africa (10.4%, a difference of 0.020%), Russian (10.4%, a difference of 0.040%), Immigrants from Peru (10.4%, a difference of 0.040%), Portuguese (10.4%, a difference of 0.060%), and Immigrants from Northern Europe (10.4%, a difference of 0.060%).