CorrelateAI › Pairs
US Bank Lending Interest Rate vs US Youth Unemployment
US Bank Lending Interest Rate and US Youth Unemployment correlate at r = -0.44 over 31 years (1991–2021), p = 0.014. With the time trend removed, r = -0.69. Holds up after detrending.
Verdict: Holds up after detrending. Statistically significant (p = 0.014) and the association survives trend removal (detrended r = -0.69). Correlation still isn't causation, but this one isn't an obvious artifact.
- Pearson r
- -0.44
- p-value
- 0.014
- Years compared (n)
- 31 (1991–2021)
- 95% confidence interval
- -0.68 to -0.10
- Correlation with the time trend removed
- -0.69
Sources
- US Bank Lending Interest Rate (%): World Bank. US Bank Lending Interest Rate (World Bank indicator FR.INR.LEND).
- 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 Adult Obesity vs US Bank Lending Interest Rate (r = -0.85)
- US Forest Area vs US Bank Lending Interest Rate (r = -0.81)
- Atmospheric Methane (global) vs US Bank Lending Interest Rate (r = -0.80)
- US Bank Lending Interest Rate vs US Resident Patent Applications (r = -0.79)
- US Military Expenditure vs US Youth Unemployment (r = +0.79)
Correlation does not imply causation. How the verdict is worked out.