Transcribed
Unemployment Spikes
Leading Indicators Unemployment Spike Lagging Indicators Downgrading automobile Increased foreclosures and evictions foreclosure Decreased grocery spending Reduced health care spending Increased use of public transportation Increased vacation cancellations Analysis of social media using SAS shows increases in chatter about certain topics that are leading and lagging indicators of a spike in unemployment.
Unemployment Spikes
shared by kcatoto on Mar 27
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SAS compared mood scores and conversation volume with official unemployment statistics to see if upticks in those topics were indicators of spikes in unemployment. The analysis revealed that increased...
chatter about cutting back on groceries, increasing use of public transportation and downgrading one’s automobile could, indeed, predict an unemployment spike.
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