Forecasting Labor Market Data: Initial Claims and Non-Farm Payrolls

[WITH CODE] Creating and testing statistical models for prediction markets

Hello!

Welcome back to another post on forecasting labor market data. This will be the final post in this series.

Today, we will be expanding and improving our forecasts for initial jobless claims, as well as creating models to forecast monthly non-farm payrolls data.

The government shutdown has definitely put a damper on this project, as I have been unable to test the model in live conditions (and take views with the information from these models).

The code has been emailed to paid subscribers. Let’s get into it. As always, this is for educational purposes only and is not financial advice.

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