The Hindu Editorial (Wage drag) – Dec 01, 2018

The International Labour Organisation’s Global Wage Report has put into sharp relief one of the biggest drags on global economic momentum: slowing wage growth. For further reading, visit “The Hindu”. Below is today’s word list-2 for The Hindu Editorial (Wage drag) – Dec 01, 2018.

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Courtesy: The Hindu

Today’s word list-2 for The Hindu Editorial (Wage drag) – Dec 01, 2018:

underline (verb) – emphasize, highlight, underscore/focus on.
robust (adjective) – strong, powerful, long-lasting.
equitable (adjective) – fair, reasonable, sensible.
drag (noun) – hindrance, inconvenience, burden.
inflation (noun) – increase of price level of goods & services & vice versa decrease of currency value.
skew (verb) – distort, misrepresent, change.
mean (noun) – average.
tepid (adjective) – unenthusiastic/uninterested, halfhearted, lukewarm.
stall at (verb) – limit, restrict, curb.
deceleration (noun) – decrease in speed/rate.
obvious (adjective) – noticeable, striking, evident.
restrained (adjective) – self-controlled, moderate, thoughtful.
prompt (verb) – give rise to, bring about, evoke/trigger.
Federal Reserve (US) (noun) – the central banking system of the United States (The Reserve Bank of India (RBI) is India’s central banking institution).
puzzle (noun) – paradox, problem, enigma/conundrum.
horizon (noun) – range of experience, outlook, perspective/perception.
triple (verb) – increase/multiply by three, treble.
aggregate (verb) – combine, collect, consolidate.
in the wake of (phrase) – aftermath, as a result of, as a consequence of.
globalisation (noun) – the process of making the trade of goods and services equivalent in all nations (Courtesy: VOA Learning English).
bargaining power (noun) – the relative ability of parties in a situation to exert influence over each other.
decouple (verb) – unlink, undo, disengage.
fallout (noun) – adverse results; repercussions, after-effects.
buttress (verb) – strengthen, support, bolster up.
inequality (noun) – bigotry, partiality, discrimination.
household (noun) – family, house.
reap (verb) – receive, obtain, realize; harvest.
demographic dividend (noun) – it is defined as a boost in economic productivity that occurs when there are growing numbers of people in the workforce relative to the number of dependents (or) it is the accelerated development that can arise when a population has a relatively large proportion of working-age people coupled with effective human capital investment.