Unique ID: 2015040
| Division: | Task Force Big Data |
|---|---|
| Issue Date: | February 13th 2019 |
| Last modified: | February 22nd 2019 |
Cost: FREE
Using Google Trends for "now-casting" unemployment
Using Google Trends for "now-casting" unemployment
Assessment of the potential of the Google Trends product
Project Objective:
Exploration, Scientific / research
Project Outcomes:
Assessment of the potential of the source for "now-casts".
Publications Comments:
Conference proceedings paper
Statistical Area
Project Sources
| Type Of Institution: | regional organization |
|---|---|
| Big Data Source: | Other |
| Region: | Europe & Central Asia |
| Country Area: | Europe |
| Id Country Regional: | regional |
Accessing Data
| Data Access Rights: | Broader access rights |
|---|
Data Coverage
| Data Coverage: | Only a portion of all data |
|---|---|
| Coverage Geo Pop: | Whole country / high % of market |
| Cost Implication: | Free |
Data Quality
| Quality Aspects Evaluated: | Completeness, Usability, Time Factors, Accessibility, Relevance, Institutional/Business Environment, Validity, Accuracy, including selectivity |
|---|---|
| Validation Comments: | Comparing against official releases, using the RSS measure. |
Methodology
| Methods Used: | Traditional statistical methods, Supervised learning, Data visualization methods, Machine learning (Random forest, etc.) |
|---|---|
| Methods Comments: | Linear regression, ARIMA models |
Technologies
| Technologies: | Data visualization tools, Other |
|---|---|
| Technologies Comments: | R |
Other
| Timeframe To Produce Indicator: | NA |
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