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US Federal Debt Outstanding vs US Unemployment Rate
US Federal Debt Outstanding and US Unemployment Rate correlate at r = -0.25 over 35 years (1991–2025), p = 0.154. With the time trend removed, r = -0.16. Not statistically significant.
Verdict: Not statistically significant. With n = 35, this correlation isn't statistically significant (p = 0.154). It could easily be chance.
- Pearson r
- -0.25
- p-value
- 0.154
- Years compared (n)
- 35 (1991–2025)
- 95% confidence interval
- -0.54 to 0.09
- Correlation with the time trend removed
- -0.16
Sources
- 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).
- US Unemployment Rate (% of labor force): World Bank. US Unemployment Rate (World Bank indicator SL.UEM.TOTL.ZS).
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 Unemployment Rate vs US Youth Unemployment (r = +0.98)
- 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)
Correlation does not imply causation. How the verdict is worked out.