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US Inflation Rate vs US Youth Unemployment
US Inflation Rate and US Youth Unemployment correlate at r = -0.41 over 34 years (1991–2024), p = 0.017. With the time trend removed, r = -0.41. Holds up after detrending.
Verdict: Holds up after detrending. Statistically significant (p = 0.017) and the association survives trend removal (detrended r = -0.41). Correlation still isn't causation, but this one isn't an obvious artifact.
- Pearson r
- -0.41
- p-value
- 0.017
- Years compared (n)
- 34 (1991–2024)
- 95% confidence interval
- -0.65 to -0.08
- Correlation with the time trend removed
- -0.41
Sources
- US Inflation Rate (% annual): World Bank. US Inflation Rate (World Bank indicator FP.CPI.TOTL.ZG).
- 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 Military Expenditure vs US Youth Unemployment (r = +0.79)
- US Dollar to Japanese Yen vs US Youth Unemployment (r = -0.75)
- US Inflation Rate vs US Bank Lending Interest Rate (r = +0.73)
- US Inflation Rate vs US College Enrollment (r = -0.66)
- US Tax Revenue vs US Youth Unemployment (r = -0.66)
Correlation does not imply causation. How the verdict is worked out.