Economics, Econometrics and Finance
3 years ago

Unemployment Rate Predictions in Ukraine Could Shape Future Economic Stability.

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APPLICATION OF AUTOREGRESSIVE MODELS TO PREDICT THE UNEMPLOYMENT RATE IN UKRAINE
Maryna Iurchenko, Tetiana Klymenko, Olha Lysenko

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The article discusses predicting unemployment rates in Ukraine using autoregressive models. Unemployment is a major issue in Ukraine, affecting social and economic stability. By accurately predicting unemployment levels, strategies can be developed to address the problem effectively. Trend models are used to analyze the data and make predictions. State support for businesses and strategic measures are recommended to prevent unemployment. Autoregressive models are suggested as a method to forecast unemployment rates in Ukraine.