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December 9, 2011

The misery index makes a comeback

The misery index, a term made popular in the 1970s, is the unemployment rate plus the inflation rate. It's getting currency again, although this time the unemployment component is much worse than the inflation component. Maryland Public Television's Jeff Salkin and I talk about it.

Posted by Jay Hancock at 10:52 AM | | Comments (0)

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About Jay Hancock
Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Tuesdays and Sundays.

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