South African Unemployment Rate Forecasting: A Machine Learning Bayesian Approach
Researcher: Nkosenhle Mdluli, University of the Witwatersrand, JohannesburgSupervisors: Rudzani Mulaudzi and Dr Ritesh Ajoodha, University of the Witwatersrand, Johannesburg As of quarter 2 2021, South Africa officially became the country with the highest unemployment rate in the world. The rate currently sits at 34, 4% and is