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23 Oct 2011 10:46

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Biz: We’re all pretty miserable: U.S. misery index nears 30-year-high

  • 13.0 the highest level since 1983; what a miserable level source
  • » How it’s calculated: The misery index is the sum of the country’s inflation and unemployment rates — a pretty simple number to calculate. On the plus side, this number will slide at some point, because, due to the weak job market, inflation will likely decline next year, lowering the misery level. On the down side, that’s not the number everyone’s looking to fall.