Immigrants from Panama Unemployment Among Ages 20 to 24 years

The statistical analysis conducted on geographies consisting of 218,334,503 people shows a mild positive correlation between the proportion of Immigrants from Panama and unemployment rate among population between the ages 20 and 24 in the United States with a correlation coefficient (R) of 0.316 and weighted average of 10.8%. On average, for every 1% (one percent) increase in Immigrants from Panama within a typical geography, there is an increase of 1.7% in unemployment rate among population between the ages 20 and 24.

It is essential to understand that the correlation between the percentage of Immigrants from Panama and unemployment rate among population between the ages 20 and 24 does not imply a direct cause-and-effect relationship. It remains uncertain whether the presence of Immigrants from Panama influences an upward or downward trend in the level of unemployment rate among population between the ages 20 and 24 within an area, or if Immigrants from Panama simply ended up residing in those areas with higher or lower levels of unemployment rate among population between the ages 20 and 24 due to other factors.

In terms of unemployment among ages 20 to 24 years, the demographic groups most similar to Immigrants from Panama are Albanian (10.8%, a difference of 0.060%), Immigrants from Syria (10.8%, a difference of 0.060%), South American Indian (10.8%, a difference of 0.10%), Spanish American (10.8%, a difference of 0.12%), and Liberian (10.8%, a difference of 0.23%).