Multivariate Skill Demand Forecasting System
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United States of America Patent
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Issued Date -
Sep 19, 2024
app pub date -
Mar 14, 2023
filing date -
Mar 14, 2023
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Abstract
A computer implemented method determines skill shares for skills from job advertisements. A skill share for a skill identifies a number of times a skill has appeared in job advertisements during a given period of time. The computer implemented method creates a time series of skill demand using the skill shares. The computer implemented method extracts embeddings from job advertisements for an occupation using natural language processing. The computer implemented method clusters the skills using the embeddings to form skill clusters. The computer implemented method defines a training dataset using as a time series of skill demand for all skills within a cluster containing a selected skill to be predicted. The computer implemented method trains a time series prediction model using the training dataset.
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