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1.
a number that is the sum of the unemployment rate and the inflation rate. It reflects the overall caliber of a country's prior economic management.

The term was coined by Arthur Okun and was inspired by the Phillips Curve.
During the 1980's and '90's, Austria had the lowest misery index in the world. Unemployment rates AND inflation rates were almost nil.
by Abu Yahya February 14, 2009
 
2.
The best fuckin' metal band on the planet.
If you want to listen to good music, pick up a Misery Index album.
by DeadByDawn October 05, 2004
 
3.
A man who spends all his free time on the internet, trying to pick up girls.
Oh you, you're such a stupid misery index, dont you have any REAL friends?
by Endorphin October 18, 2003