FACTOID # 1: Puerto Rico has roughly the same gross state product as Montana, Wyoming and North Dakota combined.
 
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Correlations > Economy Statistics > GSP > Compensation of Employees > Social assistance

DEFINITION: Social assistance, Compensation of Employees (current dollars) Compensation of Employees is a statisical term which refers to the total gross (pre-tax) wages paid by employers to employeesfor work done in an accounting period, such as a quarter or a year. It represents roughly the total labor cost to an employer.
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Correlations between Economy > GSP > Compensation of Employees > Social assistance ...

Variable Strength
...and  Economy > GSP > Nominal GSP > Social assistance 100% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Social assistance 100% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Hospitals and nursing and residential care facilities 95% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Hospitals and nursing and residential care facilities 95% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Hospitals and nursing and residential care facilities 95% [plot | correlate | graph]
...and  Health > Total Nonfederal Physicians 95% [plot | correlate | graph]
...and  Health > Total Medicaid Spending, FY2004 94% [plot | correlate | graph]
...and  Health > Total Dentists 93% [plot | correlate | graph]
...and  Economy > Total tax burden 93% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Social assistance 92% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Doctors 92% [plot | correlate | graph]
...and  Health > Total State Health Care Spending 92% [plot | correlate | graph]
...and  Health > Total Registered Nurses 91% [plot | correlate | graph]
...and  Health > Total Dual Eligible Medicaid Spending 91% [plot | correlate | graph]
...and  Health > Total Health Care Employment 90% [plot | correlate | graph]
...and  Health > Total Personal Health Spending, FY2000 90% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Insurance carriers and related activities 90% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Real estate 90% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Real estate 90% [plot | correlate | graph]
...and  Economy > Personal income 89% [plot | correlate | graph]
...and  Education > Public Libraries > ALA-MLS Librarians(FTE) 89% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Masters 89% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Management of companies and enterprises 89% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Management of companies and enterprises 89% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Bachelors 89% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Real estate 89% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Utilities 89% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Ambulatory health care services 88% [plot | correlate | graph]
...and  Education > Postsecondary > Number Of Institutions > Four Year 88% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Ambulatory health care services 88% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Ambulatory health care services 88% [plot | correlate | graph]
...and  Industry > Industrial firms > Total number of employees 88% [plot | correlate | graph]
...and  Economy > Gross State Product > Current Dollars 88% [plot | correlate | graph]
...and  Government > 2004 Election > Total voted 88% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Educational services 88% [plot | correlate | graph]
...and  Military > Iraq War Costs 87% [plot | correlate | graph]
...and  Military > Cost of the Military 87% [plot | correlate | graph]
...and  Military > Cost of Nuclear Weapons 87% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Other services, except government 87% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Total 87% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > Graduate 87% [plot | correlate | graph]
...and  Industry > Industrial firms > Total number of establishments 87% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Other services, except government 87% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Other services, except government 87% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Instruct. Expend.- Subtotal 87% [plot | correlate | graph]
...and  Education > Public Libraries > Children's Program Attendance 87% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Retail trade 87% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > First-Professional 87% [plot | correlate | graph]
...and  Government > 2004 Election > Total registered voters 87% [plot | correlate | graph]
...and  Education > Public Libraries > Total Staff Expenditures 87% [plot | correlate | graph]
Average: 90%

About Correlations:

A correlation is a statistical measure of similarity between at least two given sets of data. StateMaster's correlations compare two variables from our database and reveal statistical relationships between them. The percentages you see represent the strength (or likelihood) that a change in the topic variable is matched by a change in the listed variables below it. But remember: These correlations do not imply causation, that is, one does not necessarily cause the other. Also, not all variables contain all states, rather subsets of states matched together.

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NOTES:

  • Outliers have been removed only where they are outside 3 standard deviations of the mean.
  • Only variable pairs where at least 15 states match for each have been considered.
  • Strength is given by the correlation coefficient (R squared). It is the fraction of variation in Y that can be attributed to the variation in X. 100% signifies a perfect fit (R squared of 1). The top 50 such stats are displayed
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