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Feb 10, 2022 · Here's one reason people hate this economy, despite low unemployment: A return of the misery index. By Chris Isidore, CNN Business.
People also ask
What is the misery index today?
US Misery Index is at a current level of 12.18, up from 11.86 last month and up from 10.79 one year ago. This is a change of 2.72% from last month and 12.87% from one year ago.
What is the current unemployment rate in the United States right now?
Total nonfarm payroll employment rose by 390,000 in May, and the unemployment rate remained at 3.6 percent, the U.S. Bureau of Labor Statistics reported today.
What is the misery index and how is it calculated?
The misery index is meant to measure the degree of economic distress felt by everyday people, due to the risk of (or actual) joblessness combined with an increasing cost of living. The misery index is calculated by adding the unemployment rate to the inflation rate.
How much is the misery index?
The Misery Index is defined as the sum of current, seasonally adjusted unemployment plus the current inflation rate (MI = U + I). So, for example, if the current unemployment rate is 4.7% and the current inflation rate is 2.3%, the economy will have a Misery Index of 7.0.
Feb 8, 2022 · By Chris Isidore, CNN Business. This is the best labor market most workers have ever experienced in their lives.
May 17, 2022 · This calculation is based on the following components: Inflation rate: 8.3%; Unemployment rate: 3.6%; GDP growth: -1.4%; S&P 500 change: -15.9%.
Jun 17, 2022 · The misery index — a measure that sums up inflation and unemployment rates — is rising dramatically. What it tells us: The misery index is meant ...
Feb 16, 2022 · It is meant to measure the economic distress of typical citizens by measuring levels of unemployment and the inflation rate. The “misery index” ...
Feb 18, 2022 · “Historically, the Misery Index seems to be correlated with electoral outcomes, with the party in power penalized when the index is high and ...
It is time for a new QB and a new head coach. One last thing, what about all these great receivers we have? All we get are the ones who can't catch or block.
Today's unemployment rate of 4.2 percent is down from 7.5 percent in 1992 and has ... colleagues will complain today about what is called the Misery Index .
Today's unemployment rate of 4.2 percent is down from 7.5 percent in 1992 and has ... colleagues will complain today about what is called the Misery Index .
Today's unemployment rate of 4.2 percent is down from 7.5 percent in 1992 and has ... colleagues will complain today about what is called the Misery Index .