7th pillar: Labor market efficiency - Doing business - Development outcomes - African Development Indicators
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Two types of data are used in the GCI: (a) Survey data:These data are the results drawn from the World Economic Forum’s Executive Opinion Survey. (b) Hard data: These data come from indicators obtained from a variety of sources. This indicator is a derived from the following indicators: - (a) Cooperation in labor-employer relations (b) Flexibility of wage determination (c) Rigidity of employment* (d) Hiring and firing practices (e) Firing costs* (f) Pay and productivity (g) Reliance on professional management (h) Brain drain (i) Female participation in labor force* Data source from survey data while asterisk (*) implies that data source are hard data. For descriptions of variables and detailed sources, please refer to "How to Read the Competitivenss Profiles". Source: http://gcr.weforum.org/
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