Panamanian vs Immigrants from Latin America Unemployment Among Ages 20 to 24 years

The statistical analysis conducted on geographies consisting of 276,503,121 people shows a significant positive correlation between the proportion of Panamanians and unemployment rate among population between the ages 20 and 24 in the United States with a correlation coefficient (R) of 0.619 and weighted average of 10.9%. Similarly, the statistical analysis conducted on geographies consisting of 518,664,657 people shows a moderate negative correlation between the proportion of Immigrants from Latin America and unemployment rate among population between the ages 20 and 24 in the United States with a correlation coefficient (R) of -0.461 and weighted average of 11.0%, a difference of 0.73%.

In terms of unemployment among ages 20 to 24 years, the demographic groups most similar to Panamanians are Immigrants from Lebanon (10.9%, a difference of 0.030%), Dutch West Indian (10.9%, a difference of 0.10%), Immigrants from Western Asia (10.9%, a difference of 0.17%), Immigrants from Bahamas (10.9%, a difference of 0.24%), and Puget Sound Salish (10.9%, a difference of 0.27%). Similarly, the demographic groups most similar to Immigrants from Latin America are Marshallese (11.0%, a difference of 0.29%), Puget Sound Salish (10.9%, a difference of 0.46%), Immigrants from Lebanon (10.9%, a difference of 0.70%), Dutch West Indian (10.9%, a difference of 0.83%), and Immigrants from Western Asia (10.9%, a difference of 0.90%).