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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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