misery index

noun

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 of misery index

First recorded in 1975–80

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018