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misery index

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misery index

–noun
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:
1975–80
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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misery index  
n.  The sum of national unemployment and inflation rates, used unofficially to assess a nation's economic health.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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