Unemployment indicator prediction
AssigneeBank of America Corporation
InventorsMathew F. Menz, Allan S. Voltz
Life of this patent
Estimating the term…
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AssigneeBank of America Corporation
InventorsMathew F. Menz, Allan S. Voltz
Estimating the term…
A method for determining unemployment insurance payment dollars and/or the unemployment rate at some point in the future includes receiving various data and performing a calculation based on such received data. In one embodiment, the unemployment insurance payment dollars can be determined in two quarters in the future by receiving data of percent change in personal consumption expenditures, receiving data of change in non-residential investment, and receiving data of median rent, and then, calculating such future total unemployment insurance payment dollars based on the percent change in personal consumption expenditures data, the change in non-residential investment data, and the median rent data.
A method comprising:
A method comprising:
A system, comprising:
A system, comprising:
The system of claim 30, wherein determining a unemployment rate at a future predetermined date comprises calculating the unemployment rate by using the following formula;
Dependencies are inferred from the claim text.