A framework for Labor Market Analysis using Machine Learning

Combining machine learning and labor market data is advantageous for jobseekers, companies, and decision-makers. Jobs in great demand in the future can be predicted using machine learning algorithms and data collected from the labor market. This study highlights the importance of labor market analysis and the economic impact of merging machine learning with labor market analysis as media impacts the labor market. This study presents a framework model recommended for analyzing online job postings and news to determine in-demand industries, occupations, and skills. The study indicates that the framework simulates labor market intelligence where results are more efficient and give a faster examination of labor market trends-utilizing the news offered reliable insight into forthcoming labor market trends.