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Social Media Predicts Unemployment Spikes
WITN-TV / The Associated Press ^ | March 22, 2012

Posted on 03/22/2012 12:11:55 AM PDT by 2ndDivisionVet

Some day we won’t have to wait until the monthly unemployment report to know what’s happening in the job market.

New research shows cyber chatter can predict the rise and fall of unemployment in real time.

Many of us complain about our financial health in social media, including everything from cutting back on healthcare to deciding not to buy that new car. Such discussions can provide a window into employment conditions months before traditional government statistics....

(Excerpt) Read more at witn.com ...


TOPICS: Business/Economy; Computers/Internet; Politics; Society
KEYWORDS: economy; internet; socialmedia; unemployment

1 posted on 03/22/2012 12:12:10 AM PDT by 2ndDivisionVet
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To: 2ndDivisionVet
"Social Media Predicts Unemployment Spikes"

Heck, all they need to do tomorrow is publish the real numbers. Instant, irrefutable spike.

yitbos

2 posted on 03/22/2012 12:17:21 AM PDT by bruinbirdman ("Those who control language control minds." -- Ayn Rand)
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To: 2ndDivisionVet

3 posted on 03/22/2012 12:20:05 AM PDT by Liberty Valance (Keep a simple manner for a happy life :o)
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To: 2ndDivisionVet

Businesses have a choice of keeping that one or two employee on, or have gas to operate.

People don’t seem to get exactly how bad gas is effecting the country.


4 posted on 03/22/2012 1:37:58 AM PDT by autumnraine (America how long will you be so deaf and dumb to the tumbril wheels carrying you to the guillotine?)
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To: Liberty Valance

Ja, that image of the traditional German slap dance just about “says it all,” IMHO. Thanks for the periscope up into reality.


5 posted on 03/22/2012 3:11:59 AM PDT by Prospero
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