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misery index

noun
1.
an unofficial indication of a nation's economic health, derived by adding the percentage rate of inflation to the percentage of unemployed workers:
With inflation running at 15 percent and unemployment at 8 percent, the misery index is 23 percent.
Origin
1975-1980
1975-80
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples for misery index
  • It comes top of our misery index, which combines two powerful indicators of economic gloom-unemployment and inflation.
  • If the inflation rate is three percent and the unemployment rate is six percent, then the misery index is said to be nine percent.
  • In fact, the country's overall human misery index is among the highest in the world.
  • The misery index is the sum of the civilian unemployment rate and the inflation rate.
  • Since both unemployment and inflation are undesirable, the lower the misery index, the better.

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