Labor Market Forecasting by Using Data Mining

被引:8
|
作者
Alsultanny, Yas A. [1 ]
机构
[1] Arabian Gulf Univ, Manama, Bahrain
关键词
Data Mining; Forecastingk; Decision rules; Naive Bayesk; Knowledge discovery;
D O I
10.1016/j.procs.2013.05.338
中图分类号
TP301 [理论、方法];
学科分类号
081202 ;
摘要
Data mining approach was used in this paper to predict labor market needs, by implementing Naive Bayes Classifiers, Decision Trees, and Decision Rules techniques. Naive Bayes technique implemented by creating tables of training; the sets of these tables were generated by using four factors that affect employee's continuity in their jobs. The training tables used to predict the classification of other (unclassified) instances, and tabulate the results of conditional and prior probabilities to test unknown instance for classification. The information obtained can classify unknown instances for employment in the labor market. In Decision Tree technique, a model was constructed from a dataset in the form of a tree, created by a process known as splitting on the value of attributes. The Decision Rules, which was constructed from Decision Trees of rules gave the best results, therefore we recommended using this method in predicting labor market. (C) 2013 The Authors. Published by Elsevier B.V. Selection and peer review under responsibility of the organizers of the 2013 International Conference on Computational Science
引用
收藏
页码:1700 / 1709
页数:10
相关论文
共 50 条
  • [1] Forecasting stock prices using a data mining method: Evidence from emerging market
    Farid, Saqib
    Tashfeen, Rubeena
    Mohsan, Tahseen
    Burhan, Arsal
    INTERNATIONAL JOURNAL OF FINANCE & ECONOMICS, 2023, 28 (02) : 1911 - 1917
  • [2] ASSESSING THE REGIONAL LABOR MARKET BY USING DATA MINING METHODS: WAYS OF EFFECTIVE FUNCTIONING
    Harmider, L.
    Va, S. fedulo
    Bartashevska, YU.
    Komirna, V.
    ACADEMY REVIEW, 2022, (02): : 36 - 49
  • [3] Application of integrated data mining techniques in stock market forecasting
    Huang, Chin-Yin
    Lin, Philip K. P.
    COGENT ECONOMICS & FINANCE, 2014, 2 (01):
  • [4] Survey on Weather Forecasting Using Data Mining
    Kunjumon, Christy
    Nair, Sreelekshmi S.
    Rajan, Deepa S.
    Suresh, L. Padma
    Preetha, S. L.
    2018 CONFERENCE ON EMERGING DEVICES AND SMART SYSTEMS (ICEDSS), 2018, : 262 - 264
  • [5] Applied Data Mining for Forecasting Using SAS
    Wang, Zhongxian
    Xing, Ruben
    INTERNATIONAL JOURNAL OF DATA MINING MODELLING AND MANAGEMENT, 2013, 5 (01) : 97 - 99
  • [6] The use of data mining and neural networks for forecasting stock market returns
    Enke, D
    Thawornwong, S
    EXPERT SYSTEMS WITH APPLICATIONS, 2005, 29 (04) : 927 - 940
  • [7] Studying the labor market using BLS labor dynamics data
    Boon, Zhi
    Carson, Charles M.
    Faberman, R. Jason
    Ilg, Randy E.
    MONTHLY LABOR REVIEW, 2008, 131 (02) : 3 - 16
  • [8] The Ins and Outs of Forecasting Unemployment: Using Labor Force Flows to Forecast the Labor Market
    Barnichon, Regis
    Nekarda, Christopher J.
    BROOKINGS PAPERS ON ECONOMIC ACTIVITY, 2012, : 83 - 131
  • [9] MANPOWER FORECASTING AND LABOR-MARKET
    WERY, R
    INTERNATIONAL LABOUR REVIEW, 1978, 117 (03) : 331 - 342
  • [10] Disease Forecasting System Using Data Mining Methods
    Banu, M. A. Nishara
    Gomathy, B.
    2014 INTERNATIONAL CONFERENCE ON INTELLIGENT COMPUTING APPLICATIONS (ICICA 2014), 2014, : 130 - 133