{"page":1,"pages":1,"per_page":"5000","total":13,"source":[{"id":"2","name":"World Development Indicators","concept":[{"id":"Series","variable":[{"id":"IC.BRE.LB.P3","metatype":[{"id":"Dataset","value":"WB_WDI"},{"id":"Developmentrelevance","value":"Labor is arguably the most important factor of production in most businesses and the primary source of income for most people. Regulations and public services related to labor are fundamental drivers of private sector development from the perspective of both enterprises and workers. These regulations and public services affect firms’ decisions on whether to expand by hiring labor, and whether to do so formally or informally. In addition, they impact the well-being of potential workers by providing them with good jobs and opportunities for growth.\u000a\u000aFor formally employed workers, labor regulations matter—they protect their rights, reduce the risk of job loss, and promote equity and welfare. For workers employed in the informal sector, labor regulations can affect their ability to enter the formal workforce. If labor regulations make hiring costs too high or the rules too cumbersome, firms may opt to use more capital than labor or to hire informally. Sound and balanced labor regulations are essential for ensuring that both firms and workers benefit from a dynamic and innovative labor market without compromising income security or basic workers' rights. In addition, public services may address market imperfections and have important implications for the functioning of the labor market and firm choices."},{"id":"IndicatorName","value":"B-READY: Labor Pillar 3: Efficiency of Labor Regulations and Public Services"},{"id":"License_Type","value":"CC BY-4.0"},{"id":"License_URL","value":"https://datacatalog.worldbank.org/public-licenses#cc-by"},{"id":"Longdefinition","value":"B-READY focuses on ten topics that are organized following the life cycle of the firm and its participation in the market while opening, operating (or expanding), and closing (or reorganizing) a business. The Labor topic measures good practices in employment regulations and public services from the perspective of both enterprises and employees across three different dimensions, or pillars. The third pillar measures the operational efficiency of labor regulations and public services in practice, assessing employment restrictions and cost, as well as public services."},{"id":"Periodicity","value":"Annual"},{"id":"Referenceperiod","value":"2025-2025"},{"id":"Shortdefinition","value":"B-READY focuses on ten topics that are organized following the life cycle of the firm and its participation in the market while opening, operating (or expanding), and closing (or reorganizing) a business. The Labor topic measures good practices in employment regulations and public services from the perspective of both enterprises and employees across three different dimensions, or pillars. The third pillar measures the operational efficiency of labor regulations and public services in practice, assessing employment restrictions and cost, as well as public services."},{"id":"Source","value":"Business Ready (B-READY) project, World Bank (WB), uri: https://www.worldbank.org/en/businessready"},{"id":"Statisticalconceptandmethodology","value":"Methodology: B-READY is designed for benchmarking across economies. This requires applying a homogeneous methodology to economies at different income levels and in different geographic locations, and quantifying business environment conditions with indicators that can be aggregated into comparable scores.\u000a\u000aB-READY collects both de jure information and de facto measures. De jure data are collected through expert consultations, while de facto data are collected through both expert consultations and firm-level surveys. These granular data provide a wealth of information that can guide specific policy reforms. They are presented in the B-READY report and, in more detail, on the Business Ready website through accessible tools, including economy profiles.\u000a\u000aAll data obtained from experts or firms are collected in raw form and then converted to scores that can be combined with other scores. The scoring methodology is designed to allow aggregation that preserves absolute cardinal differences between economies, rather than producing purely ordinal or relative rankings.\u000a\u000aThe granular data are aggregated into topic-specific pillar scores, topic scores, and overall pillar scores, each ranging from 0 to 100 (where 100 represents the best performance). Each of the ten B-READY topics has three topic-specific pillars: Regulatory Framework, Public Services, and Operational Efficiency. A topic-specific pillar score is built from the points assigned to sets of indicators, organized in categories by subject matter. The topic score is the average of its three topic-specific pillar scores, and each overall pillar score is the average of the corresponding topic-specific pillar scores across the ten topics.\u000a\u000aVintage and comparability: Values correspond to the Business Ready 2025 report (101 economies; B-READY data file version December 10, 2025), the second edition of a three-year rollout (2024-2026) during which coverage expands and the methodology is refined annually (see B-READY Methodology Handbook, Final Second Edition, December 2025). Scores from the Business Ready 2024 report (50 economies) are not included in WDI because these refinements affect comparability across editions, and B-READY does not present its scores as a time series. The 2024 edition remains available on the B-READY website: https://www.worldbank.org/en/businessready/reports. The year shown refers to the report edition, not the exact period of data collection.\u000a\u000aDetails about the B-READY methodology are available on the project website: https://www.worldbank.org/en/businessready/methodology#1"},{"id":"Topic","value":"Private Sector & Trade: Business environment"},{"id":"Unitofmeasure","value":"0-100 scale"}]}]}]}]}