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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.



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Word History and Origins

Origin of misery index1

First recorded in 1975–80
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Example Sentences

Examples have not been reviewed.

One simple measure of the state of the economy is the “misery index,” the sum of unemployment and inflation; this index got worse during Biden’s first 18 months as inflation shot up, then improved greatly.

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Democrats’ views fell as the misery index rose, then rose as the index fell.

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Last year, respondents to a long-established survey were far more likely to report having heard bad economic news than respondents in 1980, even though the so-called misery index — the inflation rate plus the unemployment rate — was almost twice as high back then.

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Extreme weather, heat, and floods are driving up the world’s misery index; Threads is taking social media by storm; and we got fast cars.

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And as I noted even then, the misery index seemed to be declining.

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miserymisery loves company