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US Dollar to British Pound vs US Female Labor Force Participation

US Dollar to British Pound and US Female Labor Force Participation correlate at r = -0.63 over 27 years (1999–2025), p = 4.0e-4. With the time trend removed, r = +0.06. Likely spurious (shared time trend).

Verdict: Likely spurious (shared time trend). Both series mostly just trend over time. After removing that trend the correlation collapses to 0.06 — the relationship is probably coincidental, not causal.

Pearson r
-0.63
p-value
4.0e-4
Years compared (n)
27 (1999–2025)
95% confidence interval
-0.82 to -0.33
Correlation with the time trend removed
+0.06

Sources

Related pairs

Correlation does not imply causation. How the verdict is worked out.