time-series models. Our model's forecast has a root-mean-squared error about 30 percent below that of the next …-best forecast in the near term and performs especially well surrounding large recessions and cyclical turning points. Further …, because our model uses information on labor force ows that is likely not incorporated by other forecasts, a combined forecast …

The labour force is the number of persons either employed or unemployed but actively looking for work. Forecast is …

Vietnamese Education and Training from 1999 to 2011 and adapting Grey Model to forecast. This study also analyses on the trending …