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Multiple Linear Regression Analysis - Research Paper Example

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The paper discusses three objective such as the first one is to identify impacts associated with active labor markets. The second one is to compare the distinct active programs that have been implemented in Macedonia. The last one is to determine how each and every program affects the job markets…
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Multiple Linear Regression Analysis
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Download file to see previous pages The multiple regression analysis methods show that the policy has contributed over 92% of the labor force, employment as per the expectation of the policy by the government. It concludes that the program is efficient, thus suggesting a continuation of such as policies for the unemployment rate reduction. The research findings show that all the coefficients are proportionally significant in the calculations and apart from inflation. This is because the statistics that are calculated are higher than the critical value identified. The results show that the model variables are accurate since they explain over 98% of the independent body. It is recognized that the policy has improved the employment of the labor force to rise above 100% as per the government policy. The research paper concludes that programs that support active employment have a great impact on the levels of employment. This is recognized through the comparison of each and every program’s impact on the employment level. The promotion program that deals with employment of the unemployed is identified to have the greater influence on the employment levels. The primary activity that is defined to be of much impact on the promotion program is job training. Comparison of the minor programs within the promotional program shows that capacity building programs and subsidies have a greater employment impact. The omission of observation activities in long periods is identified to be one of the demerits of the models.
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