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Verbatim
The original misery index combines the rates of inflation and headline unemployment as a measure of a nation's economic health.
People also ask
What is the current misery index?
US Misery Index is at a current level of 12.02, down from 12.66 last month and up from 10.77 one year ago.
How is misery index calculated?
The misery index is calculated by adding the unemployment rate to the inflation rate. Since unemployment and inflation are both considered detrimental to one's economic well-being, their combined value is useful as an indicator of overall economic health.
Current Misery Index 12.66%– Unemployment 3.6% + Inflation 9.06%. With skyrocketing inflation, the misery index is approaching the miserable levels of 2011 when ...
Jun 17, 2022 · The misery index is a metric economists use to gauge a society's overall economic well-being. By using the index, they get a bird's-eye view ...
Nov 23, 2021 · The misery index is an economic indicator that determines how the average person is doing financially. It uses several simple inputs to ...
Jul 28, 2022 · In May I developed a new misery index which I think tracks how well or poorly the economy is serving us. And by that measure, ...
Jul 21, 2022 · Let's explore what the misery index means, its history, and how investors can mitigate the effect on their retirement nest egg. The effects of ...
Feb 8, 2022 · To see how much economic pain that is causing, it's useful to look at another economic measure from that earlier era — the misery index.
Unless your wages rise along with inflation, you won't be able to buy as much as prices rise. That's why President Ronald Reagan said, "Inflation is as violent ...
Feb 10, 2022 · To see how much economic pain that is causing, it's useful to look at another economic measure from that earlier era – the misery index.
Dec 19, 2019 · The misery index (sometimes known as the Economic Discomfort Index EDI ) is simply the sum of the inflation rate plus the unemployment rate.