This is about  Labor Market Efficiency.

The Global Competitiveness Index (7th pillar: labor market efficiency) in detail (2015-2016):

1. Cooperation in labor-employer relations …………….. 4.1 ……….100
2. Flexibility of wage determination ……………………….. 5.4 …………37
3. Hiring and firing practices ………………………………… 3.8 …………69
4. Redundancy costs, weeks of salary* ……………….. 20.2 …………91
5. Effect of taxation on incentives to work ……………… 3.8 …………74
6. Pay and productivity ……………………………………….. 4.0 …………73
7. Reliance on professional management ………………. 2.7 ……….138
8. Country capacity to retain talent ……………………….. 1.9 ……….138
9. Country capacity to attract talent ……………………… 2.7 ……….109
10. Women in labor force, ratio to men* ………………… 0.93 …………20

Reference

http://www3.weforum.org/docs/gcr/2015-2016/Global_Competitiveness_Report_2015-2016.pdf