How big data can spot unemployment before the government can

Faster prediction could be extremely helpful in making economic decisions, says David Lazer, one of the authors of the Royal Society Interface paper. “There’s an enormous amount invested by public and private entities to measure the status of the economy in order to better inform policy interventions. If we could understand the changes in the state of the economy faster, we might be able to intervene faster.”

Ars Technica UK