Research Article

Examining the Performance of Machine Learning Algorithms in Estimating the Unemployment Rate

Number: 13 June 29, 2026
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Examining the Performance of Machine Learning Algorithms in Estimating the Unemployment Rate

Abstract

Unemployment affects the whole country deeply. It is more than a personal struggle. This rate serves as a key sign of economic health. Governments focus on this issue closely. Low unemployment means the economy works well. It supports a better life for everyone. Many countries offer help to create new jobs. This research predicts future unemployment in Türkiye. It applies RBF Regression, SVM Regression, and Random Forest methods. The study examines data between 2005 and 2025. It tests each algorithm against the others. SVM Regression stands out among them. It reaches a high accuracy of 91%. The study also uses the ReliefF algorithm to pick important factors. Industry and construction sectors matter the most. Employment and labor force participation rates follow them. The results stay strong even with fewer variables. This proves that a simple model works effectively. Successful forecasting requires only the most relevant data.

Keywords

Supporting Institution

No support is taken from any institution or organization.

Ethical Statement

The study does not necessitate an approval of ethical committee.

References

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Details

Primary Language

English

Subjects

Quantitative Decision Methods

Journal Section

Research Article

Publication Date

June 29, 2026

Submission Date

April 9, 2026

Acceptance Date

June 17, 2026

Published in Issue

Year 2026 Number: 13

APA
Filiz, E. (2026). Examining the Performance of Machine Learning Algorithms in Estimating the Unemployment Rate. Journal of Statistics and Applied Sciences, 13. https://doi.org/10.52693/jsas.1926730
AMA
1.Filiz E. Examining the Performance of Machine Learning Algorithms in Estimating the Unemployment Rate. JSAS. 2026;(13). doi:10.52693/jsas.1926730
Chicago
Filiz, Enes. 2026. “Examining the Performance of Machine Learning Algorithms in Estimating the Unemployment Rate”. Journal of Statistics and Applied Sciences, nos. 13. https://doi.org/10.52693/jsas.1926730.
EndNote
Filiz E (June 1, 2026) Examining the Performance of Machine Learning Algorithms in Estimating the Unemployment Rate. Journal of Statistics and Applied Sciences 13
IEEE
[1]E. Filiz, “Examining the Performance of Machine Learning Algorithms in Estimating the Unemployment Rate”, JSAS, no. 13, June 2026, doi: 10.52693/jsas.1926730.
ISNAD
Filiz, Enes. “Examining the Performance of Machine Learning Algorithms in Estimating the Unemployment Rate”. Journal of Statistics and Applied Sciences. 13 (June 1, 2026). https://doi.org/10.52693/jsas.1926730.
JAMA
1.Filiz E. Examining the Performance of Machine Learning Algorithms in Estimating the Unemployment Rate. JSAS. 2026. doi:10.52693/jsas.1926730.
MLA
Filiz, Enes. “Examining the Performance of Machine Learning Algorithms in Estimating the Unemployment Rate”. Journal of Statistics and Applied Sciences, no. 13, June 2026, doi:10.52693/jsas.1926730.
Vancouver
1.Enes Filiz. Examining the Performance of Machine Learning Algorithms in Estimating the Unemployment Rate. JSAS. 2026 Jun. 1;(13). doi:10.52693/jsas.1926730