Jack Norman

Algebra 2
Bauer 2nd
10/28/15

Regression Project

A major problem in todays society is unemployment. Too many people and not
enough jobs. This is true all over the globe. The United States of America has a 5.5%
unemployment rate. Great Britain an unemployment rate of 5.4%. Not only is
unemployment a problem in third world countries, but also first world countries with
millions of people, such as America and Great Britain. After researching some and
realizing that I was fascinated by the obvious correlation between total population and
unemployment rate.
When calculating my graph, I expect to see a positive correlation between the
total population and the unemployment rate in China, Libya, and Australia. When more
people are introduced into a workforce, its natural to think that jobs will likely become
scarce and difficult to acquire.
This information is relevant to me because I think it is interesting to explore world
growth and the effect it has not only on people living in those countries but also myself.
If people are unable to acquire jobs where they live, they usually look for a job
elsewhere. Many times, this leads immigrants to the United States in search of a better
job, life, and chance for their children. And when more people immigrate, this causes a

job shortage, which in turn affects me, a United States citizen. This information is also
important to understand to realize how fast our global population is growing and also
what overall effect this could have on us in the future.
According to World Databank, from 1997-2015 the population in all three
countries has increased in population considerately, with only Libya not growing
exponentially. However, while the populations have grown, I have concluded that the
unemployment rate is not largely affected by the population of a country. However, I am
inclined to say that while population certainly plays a role, so do other factors such as
natural disasters, wars, and economic crises unrelated to unemployment.
In conclusion, after researching the effect of population in China, Libya, and
Australia, I have found that while in some cases the unemployment rate seems to rise
with the population, in other situations the opposite is true. In order to solidify my finding
of no correlation, thorough investigation would be required into the last fifteen years of
these three countries and what could have possibly played into their unemployment rates,
and if they could potentially have any sort of an effect on the unemployment rates in their
respective countries. However, having found this research scientists in the future could
use this to potentially calculate the unemployment rate for years to come, which in turn
can help governments decide on how to focus their public service jobs system and how
many jobs they need to provide in the future.

Works Cited
"Population." World Databank. World Databank, n.d. Web. 28 Oct. 15.
<http://databank.worldbank.org/data/reports.aspx?
Code=SP.POP.TOTL&id=af3ce82b&report_name=Popular_indicators&populartype=seri
es&ispopular=y>.

"Unemployment Rate." World Databank. World Databank, n.d. Web. 28Oct.

15.<http://databank.worldbank.org/data/reports.aspx?
Code=SL.UEM.TOTL.ZS&id=af3ce82b&report_name=Popular_indicators&populartype
=series&ispopular=y>.