'Misery index' clearly up: Guessing what this could mean

India’s ‘misery index’ is shooting up. The index, a formulation of economist Arthur Okun and got by adding the proportion of unemployment to the inflation rate, is a popular measure in the developed world to judge economic well-being. India's was at 20 in 2010, the highest since 2003, as both inflation and unemployment rose after the global economic crisis in 2008-09.

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