Araştırma Makalesi

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

Sayı: 13 29 Haziran 2026
PDF İndir
TR EN

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

Öz

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.

Anahtar Kelimeler

Destekleyen Kurum

No support is taken from any institution or organization.

Etik Beyan

The study does not necessitate an approval of ethical committee.

Kaynakça

  1. [1] A. L. Montgomery, V. Zarnowitz, R. S. Tsay, and G. C. Tiao, “Forecasting the US unemployment rate,” Journal of the American Statistical Association, vol. 93, no. 442, pp. 478-493, 1998, doi: 10.1080/01621459.1998.10473696
  2. [2] C. I. Chen, “Application of the novel nonlinear grey Bernoulli model for forecasting unemployment rate,” Chaos, Solitons & Fractals, vol. 37, no. 1, pp. 278-287, 2008, doi: 10.1016/j.chaos.2006.08.024
  3. [3] K. Dumičić, A. Čeh Časni, and B. Žmuk, “Forecasting unemployment rate in selected European countries using smoothing methods,” World Academy of Science, Engineering and Technology: International Journal of Social, Education, Economics and Management Engineering, vol. 9, no. 4, pp. 867-872, 2015.
  4. [4] N. Dritsakis, and P. Klazoglou, “Forecasting unemployment rates in USA using Box-Jenkins methodology,” International Journal of Economics and Financial Issues, vol. 8, no. 1, pp. 9, 2018.
  5. [5] O. Claveria, “Forecasting the unemployment rate using the degree of agreement in consumer unemployment expectations,” Journal for Labour Market Research, vol. 53, no. 1, pp. 3, 2019, doi: 10.1186/s12651-019-0253-4
  6. [6] B. Maas, “Short‐term forecasting of the US unemployment rate,” Journal of Forecasting, vol. 39, no. 3, pp. 394-411, 2020, doi: 10.1002/for.2630
  7. [7] T. Chakraborty, A. K. Chakraborty, M. Biswas, S. Banerjee, and S. Bhattacharya, “Unemployment rate forecasting: A hybrid approach,” Computational Economics, vol. 57, no. 1, pp. 183-201, 2021, doi: 10.1007/s10614-020-10040-2
  8. [8] A. A. Davidescu, S. A. Apostu, and A. Paul, “Comparative analysis of different univariate forecasting methods in modelling and predicting the romanian unemployment rate for the period 2021–2022,” Entropy, vol. 23, no. 3, pp. 325, 2021, doi: 10.3390/e23030325

Ayrıntılar

Birincil Dil

İngilizce

Konular

Nicel Karar Yöntemleri

Bölüm

Araştırma Makalesi

Yayımlanma Tarihi

29 Haziran 2026

Gönderilme Tarihi

9 Nisan 2026

Kabul Tarihi

17 Haziran 2026

Yayımlandığı Sayı

Yıl 2026 Sayı: 13

Kaynak Göster

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, sy 13. https://doi.org/10.52693/jsas.1926730.
EndNote
Filiz E (01 Haziran 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, sy 13, Haz. 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 (01 Haziran 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, sy 13, Haziran 2026, doi:10.52693/jsas.1926730.
Vancouver
1.Enes Filiz. Examining the Performance of Machine Learning Algorithms in Estimating the Unemployment Rate. JSAS. 01 Haziran 2026;(13). doi:10.52693/jsas.1926730