CorrelateAI › Pairs
US Gross Savings vs US Youth Unemployment
US Gross Savings and US Youth Unemployment correlate at r = -0.49 over 34 years (1991–2024), p = 0.0034. With the time trend removed, r = -0.57. Holds up after detrending.
Verdict: Holds up after detrending. Statistically significant (p = 0.0034) 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
- -0.49
- p-value
- 0.0034
- Years compared (n)
- 34 (1991–2024)
- 95% confidence interval
- -0.71 to -0.18
- Correlation with the time trend removed
- -0.57
Sources
- US Gross Savings (% of GDP): World Bank. US Gross Savings (World Bank indicator NY.GNS.ICTR.ZS).
- US Youth Unemployment (% of labor force 15–24): World Bank. US Youth Unemployment (World Bank indicator SL.UEM.1524.ZS).
Related pairs
- US Unemployment Rate vs US Youth Unemployment (r = +0.98)
- US Gross Savings vs US College Enrollment (r = -0.80)
- US Military Expenditure vs US Youth Unemployment (r = +0.79)
- US Nuclear Power Generation vs US Gross Savings (r = -0.75)
- US Dollar to Japanese Yen vs US Youth Unemployment (r = -0.75)
- US Median Age vs US Gross Savings (r = -0.73)
Correlation does not imply causation. How the verdict is worked out.