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US Resident Patent Applications vs US Unemployment Rate
US Resident Patent Applications and US Unemployment Rate correlate at r = +0.02 over 31 years (1991–2021), p = 0.917. With the time trend removed, r = +0.02. Not statistically significant.
Verdict: Not statistically significant. With n = 31, this correlation isn't statistically significant (p = 0.917). It could easily be chance.
- Pearson r
- +0.02
- p-value
- 0.917
- Years compared (n)
- 31 (1991–2021)
- 95% confidence interval
- -0.34 to 0.37
- Correlation with the time trend removed
- +0.02
Sources
- US Resident Patent Applications (applications): World Bank. US Resident Patent Applications (World Bank indicator IP.PAT.RESD).
- US Unemployment Rate (% of labor force): World Bank. US Unemployment Rate (World Bank indicator SL.UEM.TOTL.ZS).
Related pairs
- US Mobile Subscriptions vs US Resident Patent Applications (r = +0.99)
- US Adult Obesity vs US Resident Patent Applications (r = +0.98)
- US Resident Patent Applications vs US Population (r = +0.98)
- US Unemployment Rate vs US Youth Unemployment (r = +0.98)
- Atmospheric CO₂ (Mauna Loa) vs US Resident Patent Applications (r = +0.97)
- US GDP per Capita vs US Resident Patent Applications (r = +0.97)
Correlation does not imply causation. How the verdict is worked out.