ALEXANDRIA, Va., Jan. 28 -- United States Patent no. 12,536,506, issued on Jan. 27, was assigned to ADP Inc. (Roseland, N.J.).
"Systems and methods for predicting unemployment rates" was invented by Ramsay Cole (Roxbury, Conn.).
According to the abstract* released by the U.S. Patent & Trademark Office: "Disclosed herein are systems and methods for predicting unemployment rates. A computing device may construct a predictive model based at least in part on an iterative analysis of a first set of sample data. The first set of sample data can comprise payroll data associated with a plurality of employees, data from at least one employment survey report, and potentially other data. The computing device can generate predicted employment data us...