ProceduresGovernment

Locksmiths, Grinders and Polishers Tools

Occupation (7222) - 2024-Q3

  • 21.4k, Workforce
  • $5.98k MX, Average monthly salary
  • 44.7, Average age
  • 44.5, Weekly hours worked
  • 5.63, Weekly days worked
  • 3.59%, Workforce with second job
  • 42.1%, Informal Workforce
  • 9.66, Average years of Schooling

About Locksmiths, Grinders and Polishers Tools

#permalink to section

The workforce of Locksmiths, Grinders and Polishers Tools during third quarter of 2024 was 21.4k people, whose salary averaged $5.98k MX working around 44.5 hours per week.

The average age of Locksmiths, Grinders and Polishers Tools was 44.7 years. The workforce was distributed in 96.6% men with an average salary of $5.86k MX and, 3.43% women with average salary of $9.38k MX.

The best average salaries received by Locksmiths, Grinders and Polishers Tools were in Nayarit ($20.7k MX), Nuevo León ($14.5k MX), and Coahuila de Zaragoza ($12.9k MX) while the workforce was larger in Ciudad de México (2.51k), Jalisco (2.14k), and Baja California (1.91k).

In terms of industries, the best average salaries were in Repair and Maintenance of Automobiles and Trucks ($12.9k MX), Retail Trade of Groceries and Food ($9.89k MX), and Electronic and Precision Equipment Repair and Maintenance ($5.57k MX), while the workforce was concentrated on Electronic and Precision Equipment Repair and Maintenance (27.7k), Beauty Salons and Clinics, Public Baths and Washrooms, and Shoeshine Shops (1.39k), and Building Installations and Equipmen (478).

1.6% of the total informal workers correspond to women with an average salary of $4.05k MX and 98.4% to men with an average salary of $5.63k MX.

At the level of states, Yucatán had the highest percentage of informal workers with 100% corresponding to 603 from 603 workers, while the state with the lowest percentage of informal workers was Estado de México with a 14.4% corresponding to 176 from 1.23k workers.

Workforce and Salaries Evolution

#permalink to section

  • 21.4k, Workforce 2024-Q3
  • $5.98k MX, Average monthly salary 2024-Q3

At third quarter of 2024, the people who worked as Locksmiths, Grinders and Polishers Tools were 21.4k being a 4.18% higher than the second quarter of 2024. (20.6k).

In the same period, an average salary of $5.98k MX was observed, registering a drop of 4.28%, compared to the second quarter of 2024 ($6.25k MX).

Workforce by State

#permalink to section

The states with the highest number of Locksmiths, Grinders and Polishers Tools during the third quarter of 2024 were Ciudad de México (2.51k), Jalisco (2.14k), and Baja California (1.91k)

Comparing the first quarter of 2021 and the third quarter of 2024, the main positive variations occurred in Sonora and Estado de México with an increase of 1.01k (361%) and 932 (318%), respectively. On the other hand, the negative variations were accentuated in Oaxaca and Guanajuato with a decrease of 1.46k (90.7%) and 1.12k (69.8%), respectively.

Salaries by State

#permalink to section

The states with the best average salaries for Locksmiths, Grinders and Polishers Tools during third quarter of 2024 were Nayarit ($20.7k MX), Nuevo León ($14.5k MX), and Coahuila de Zaragoza ($12.9k MX)

Comparing the first quarter of 2021 and the third quarter of 2024, the positive salary growth was higher in Nuevo León and Veracruz de Ignacio de la Llave with an increase of $6.31k MX (77%) and $5.31k MX (123%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Baja California Sur and Coahuila de Zaragoza with a decrease of $33.5k MX (74.4%) and $14.9k MX (53.6%), respectively.

Workforce and Salaries Distribution by Industries

#permalink to section

The visualization shows the distribution of Locksmiths, Grinders and Polishers Tools in different industries and economic sectors.

At third quarter of 2024, the workforce was higher in Electronic and Precision Equipment Repair and Maintenance (91.2%), Beauty Salons and Clinics, Public Baths and Washrooms, and Shoeshine Shops (4.57%), and Building Installations and Equipmen (1.57%).

In the same period, the best average salaries were received in Repair and Maintenance of Automobiles and Trucks ($12.9k MX), Retail Trade of Groceries and Food ($9.89k MX), and Electronic and Precision Equipment Repair and Maintenance ($5.57k MX).

Labor Informality

#permalink to section

Labor Informality

#permalink to section

Labor Informality 2024-Q3

  • 42.1%, Locksmiths, Grinders and Polishers Tools
  • 54.6%, Average Informality in Mexico

During the third quarter of 2024, the labor informality of Locksmiths, Grinders and Polishers Tools reached a 42.1%, which implied a decrease from 12.5 percentage points compared to the second quarter of 2024  (54.5%).

The labor informality of this occupation was lower than informality at the country level in 12.6 percentage points during the third quarter of 2024.

Labor Informality by State

#permalink to section

Greater Labor Informality: 100%, Yucatán

Less Labor Informality: 14.4 %, Estado de México

At third quarter of 2024, the states with the highest rate of labor informality in Locksmiths, Grinders and Polishers Tools were Yucatán (100%), Tlaxcala (100%), and San Luis Potosí (100%).

The states with the lowest informality rate were Jalisco (23.3%), Chiapas (20.1%), and Estado de México (14.4%).

Labor Informality by Age and Education

#permalink to section
Workforce

The workforce of Locksmiths, Grinders and Polishers Tools during the third quarter of 2024 was higher in the age group with 35 to 44 years concentrating 5.58k workers of which 77.9% corresponds to formal employment (4.35k) and 22.1% to informal employment (1.23k).

Regarding the schooling years, the workforce was higher in the range with 7 to 9 years of schooling concentrating 10k workers of which 69.3%  corresponds to formal employment (6.96k) and 30.7% corresponds to informal employment (3.08k).