Monday, March 12, 2012

Can a Country's Online 'Mood' Predict Unemployment Spikes?

"SAS and United Nations Global Pulse have learned that social media chatter and conversation sentiment could warn of pending unemployment increases and inform policymakers of likely effects. Analyzing half a million blogs, forums and news sites, SAS(R) Social Media Analytics and SAS Text Miner examined two years of social media data from the US and Ireland for references to unemployment and how people were coping."

More from the WSJ here.

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