JestonBlu / Unemployment

Masters Project: Forecasting Unemployment

Geek Repo:Geek Repo

Github PK Tool:Github PK Tool

Exploratory Analysis and Plots

JestonBlu opened this issue · comments

Use this thread for plot discussions and ideas

Here is an idea for an introductory plot... the code is in /RScripts/Explorator_Plots.r

unemployment_president_recession

This is an excellent plot. Trends are very evident here (such as the overall decrease in unemployment during each presidency. I'm still wondering how I can get the embedded signal from this data.

I think in this case we just need to remove the seasonality... See the updated script in exploratory_plots.R. I used additive decomposition to extract the trend.

unemployment_president_recession_sa

Added lag plot with autocorrelation coefs.

lag_plot_unem_rate