CorrelateAI › Pairs
US Dollar to Euro vs US Unemployment Rate
US Dollar to Euro and US Unemployment Rate correlate at r = -0.54 over 27 years (1999–2025), p = 0.0037. With the time trend removed, r = -0.57. Holds up after detrending.
Verdict: Holds up after detrending. Statistically significant (p = 0.0037) and the association survives trend removal (detrended r = -0.57). Correlation still isn't causation, but this one isn't an obvious artifact.
- Pearson r
- -0.54
- p-value
- 0.0037
- Years compared (n)
- 27 (1999–2025)
- 95% confidence interval
- -0.76 to -0.20
- Correlation with the time trend removed
- -0.57
Sources
- US Dollar to Euro (EUR per USD): Frankfurter (ECB). Annual mean US Dollar to Euro exchange rate (European Central Bank reference rates).
- US Unemployment Rate (% of labor force): World Bank. US Unemployment Rate (World Bank indicator SL.UEM.TOTL.ZS).
Related pairs
- US Unemployment Rate vs US Youth Unemployment (r = +0.98)
- US Military Expenditure vs US Unemployment Rate (r = +0.80)
- US Dollar to Euro vs US Military Expenditure (r = -0.80)
- US Dollar to Euro vs US Urban Population (r = -0.79)
- US Dollar to Euro vs US Rural Population (r = +0.79)
- US Dollar to Japanese Yen vs US Unemployment Rate (r = -0.73)
Correlation does not imply causation. How the verdict is worked out.