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Misery Index

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Misery index
An index that sums the unemployment and inflation rates, used as a political rating or measure of consumer confidence.

Misery Index
An informal index that adds the unemployment rate and the inflation rate. For example, if inflation is 11% and unemployment is 6%, the misery index is 17. The misery index is of limited economic import, but politicians often use it to show the success of their programs (or the failure of their opponents' policies).


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3 percent unemployment and less than 1 percent inflation--the lowest misery index of any president in the 20th century.
A misery index provides a clear picture of the economic conditions experienced by the majority of Iranians.
One reason the jobs misery index is so high: The housing bust has reduced Americans' mobility.
 
 
 
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