Wednesday, December 13, 2017

Updated Chart: EEOC Charges versus Unemployment Rate

A few years back, I hypothesized that there would be a correlation between the number of EEOC charges and the unemployment rate. I made a pretty chart and there was a pretty strong correlation (.895). A reader asked for an updated chart, and who am I to deny the people what they want?

Here's the new chart:



Here's the data:

Year  EEOC Charges Unemployment Rate
1997 80680 4.6
1998 79591 4.3
1999 77444 4
2000 79896 4.2
2001 80840 5.7
2002 84442 5.8
2003 81293 5.7
2004 79432 5.3
2005 75428 4.7
2006 75768 4.6
2007 82792 5
2008 95402 7.8
2009 93277 9.8
2010 99922 9.1
2011 99947 8.3
2012 99412 8
2013 93727 6.6
2014 88778 5.7
2015 89385 4.9
2016 91503 4.8

For the unemployment rate, I used the rate as of January  for the following year (e.g. as of January 2017 the rate was 4.8 so I used that as the rate for 2016). One could argue for something more nuanced (perhaps an average rate across the year?). Also, for EEOC charge statistics . . . we should presumably see some increase over time based solely on an increase in the population. Perhaps charting charges as a percentage of population? 

In any event, the correlation was not quite as strong after factoring in the past few years, but still clearly exists. One day I may dig a little deeper into the data.