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US Annual Working Hours per Worker vs US Federal Debt Outstanding
US Annual Working Hours per Worker and US Federal Debt Outstanding correlate at r = -0.35 over 81 years (1870–2023), p = 0.0014. With the time trend removed, r = +0.65. Direction flips without the trend.
Verdict: Direction flips without the trend. The raw correlation is -0.35, but once each series' time trend is removed it becomes 0.65. The year-to-year movements run the opposite way to the long-run trends, so the headline number is misleading.
- Pearson r
- -0.35
- p-value
- 0.0014
- Years compared (n)
- 81 (1870–2023)
- 95% confidence interval
- -0.53 to -0.14
- Correlation with the time trend removed
- +0.65
Sources
- US Annual Working Hours per Worker (hours): Our World in Data. US Annual Working Hours per Worker (Our World in Data: Working hours per worker).
- US Federal Debt Outstanding (USD): U.S. Treasury. Total US federal debt outstanding at the end of each fiscal year (U.S. Treasury Fiscal Data).
Related pairs
- US Renewable Energy Share vs US Federal Debt Outstanding (r = +0.99)
- US Wind Power Generation vs US Federal Debt Outstanding (r = +0.99)
- US Federal Debt Outstanding vs US GDP (current US$) (r = +0.97)
- US Federal Debt Outstanding vs US GDP per Capita (r = +0.95)
- Atmospheric Methane (global) vs US Federal Debt Outstanding (r = +0.95)
- US Natural Gas Consumption vs US Federal Debt Outstanding (r = +0.94)
Correlation does not imply causation. How the verdict is worked out.