Prediction of Labor Unemployment Based on Time Series Model and Neural Network Model

Abstract

With the advent of big data, statistical accounting based on artificial intelligence can realistically reflect the dynamics of labor force and market segmentation. Therefore, based on the combination of machine learning algorithm and traditional statistical data under big data, a prediction model of unemployment in labor force based on the combination of time series model and neural network model is built. According to the theoretical parameters, the algorithm of the two-weight neural network is proposed, and the unemployment rate in labor force is predicted according to the weight combination of the two. The outcomes show that the fitting effect based on the combined model is superior to that of the single model and the traditional BP neural network model; at the same time, the prediction results with total unemployment and unemployment rate as evaluation indexes are excellent. The model can offer new ideas for assisting to solve the unemployment of the labor force in China.