---
title: "ETLAnow: A Model for Forecasting with Big Data – Forecasting Unemployment with Google Searches in Europe"
authors:
  - name: "Tuhkuri, Joonas"
    url: "https://www.etla.fi/henkilot/tuhkuri-joonas/"
    sameAs:
      - "https://twitter.com/joonastuhkuri"
      - "https://joonastuhkuri.com/"
date_published: "2016-05-25"
series: "ETLA Raportit - Reports"
series_number: "54"
issn:
  - "2323-2447"
  - "2323-2455"
jel_codes:
  - "C22"
  - "C53"
  - "C55"
  - "C82"
  - "E27"
language: "en"
publisher: "ETLA Economic Research"
pdf_url: "https://www.etla.fi/wp-content/uploads/ETLA-Raportit-Reports-54.pdf"
keywords:
  - "Big Data"
  - "Google"
  - "Internet"
  - "Nowcasting"
  - "Forecasting"
  - "Unemployment"
  - "Europe"
identifier: "https://www.etla.fi/julkaisut/id/ETLA-Raportit---Reports-54"
abstract: "In this report we document the ETLAnow project. ETLAnow is a model for forecasting with big data. At the moment, it predicts the unemployment rate in the EU-28 countries using Google search data. This document is subject to updates as the ETLAnow project advances."
---

# ETLAnow: A Model for Forecasting with Big Data – Forecasting Unemployment with Google Searches in Europe

**Published:** 2016-05-25  
**Categories:** Publications, Reports  
**URL:** https://www.etla.fi/en/publications/etlanow-a-model-for-forecasting-with-big-data-forecasting-unemployment-with-google-searches-in-europe/

#### Abstract

In this report we document the ETLAnow project. ETLAnow is a model for forecasting with big data. At the moment, it predicts the unemployment rate in the EU-28 countries using Google search data. This document is subject to updates as the ETLAnow project advances.

---

## Additional Information

**Kirjoittajat:** Tuhkuri, Joonas

**Kansikuva:** https://www.etla.fi/wp-content/uploads/ETLA-Raportit-Reports-54-kansi.jpg

**Lataa Pdf:** https://www.etla.fi/wp-content/uploads/ETLA-Raportit-Reports-54.pdf

**Key Words:** Big Data, Google, Internet, Nowcasting, Forecasting, Unemployment, Europe

**Jel:** C22, C53, C55, C82, E27

**Paivays:** 25.05.2016

**Sivuja:** 16

**Kieli:** en

**Sarja:** ETLA Raportit - Reports

**Sarja Nro:** 54

**Issn:** 2323-2447, 2323-2455 (Pdf)

http://www.etla.fi/en/etlanow/ ETLAnow at www.etlanow.eu

http://www.etla.fi/en/news/etla-predicts-the-unemployment-rate-with-google-searches-in-europe/ Press release

**Saatavuus:** 2



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