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Locksmiths, Grinders and Polishers Tools

Occupation (7222) - 2024-Q2

  • 20.6k, Workforce
  • $6.25k MX, Average monthly salary
  • 45, Average age
  • 43, Weekly hours worked
  • 5.52, Weekly days worked
  • 5.42%, Workforce with second job
  • 54.5%, Informal Workforce
  • 9.6, Average years of Schooling

About Locksmiths, Grinders and Polishers Tools

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The workforce of Locksmiths, Grinders and Polishers Tools during second quarter of 2024 was 20.6k people, whose salary averaged $6.25k MX working around 43 hours per week.

The average age of Locksmiths, Grinders and Polishers Tools was 45 years. The workforce was distributed in 93.7% men with an average salary of $6.21k MX and, 6.32% women with average salary of $6.82k MX.

The best average salaries received by Locksmiths, Grinders and Polishers Tools were in Baja California Sur ($45k MX), Coahuila de Zaragoza ($27.8k MX), and Nayarit ($18.1k MX) while the workforce was larger in Nuevo León (2.25k), Jalisco (1.92k), and Ciudad de México (1.9k).

In terms of industries, the best average salaries were in Metallic Ore Mining ($15.1k MX), Electronic and Precision Equipment Repair and Maintenance ($6.94k MX), and Beauty Salons and Clinics, Public Baths and Washrooms, and Shoeshine Shops ($308 MX), while the workforce was concentrated on Electronic and Precision Equipment Repair and Maintenance (22.4k), Repair and Maintenance of Automobiles and Trucks (2.78k), and Beauty Salons and Clinics, Public Baths and Washrooms, and Shoeshine Shops (2.4k).

6.36% of the total informal workers correspond to women with an average salary of $1.96k MX and 93.6% to men with an average salary of $5.86k MX.

At the level of states, Zacatecas had the highest percentage of informal workers with 100% corresponding to 423 from 423 workers, while the state with the lowest percentage of informal workers was Jalisco with a 24.2% corresponding to 465 from 1.92k workers.

Workforce and Salaries Evolution

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  • 20.6k, Workforce 2024-Q2
  • $6.25k MX, Average monthly salary 2024-Q2

At second quarter of 2024, the people who worked as Locksmiths, Grinders and Polishers Tools were 20.6k being a 18.7% lower than the first quarter of 2024. (25.3k).

In the same period, an average salary of $6.25k MX was observed, registering an increase of 27.6%, compared to the first quarter of 2024 ($4.9k MX).

Workforce by State

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The states with the highest number of Locksmiths, Grinders and Polishers Tools during the second quarter of 2024 were Nuevo León (2.25k), Jalisco (1.92k), and Ciudad de México (1.9k)

Comparing the first quarter of 2021 and the second quarter of 2024, the main positive variations occurred in Oaxaca and Hidalgo with an increase of 1.12k (230%) and 738 (653%), respectively. On the other hand, the negative variations were accentuated in Estado de México and Michoacán de Ocampo with a decrease of 1.78k (85.9%) and 1.76k (93.5%), respectively.

Salaries by State

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The states with the best average salaries for Locksmiths, Grinders and Polishers Tools during second quarter of 2024 were Baja California Sur ($45k MX), Coahuila de Zaragoza ($27.8k MX), and Nayarit ($18.1k MX)

Comparing the first quarter of 2021 and the second quarter of 2024, the positive salary growth was higher in Baja California Sur and Coahuila de Zaragoza with an increase of $37.5k MX (500%) and $21.3k MX (331%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Campeche and Tabasco with a decrease of $26k MX (100%) and $5.55k MX (43%), respectively.

Average Salary and Workforce by Gender and Schooling Years

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Average Schooling in Years (2024-Q2): 9.49, Men

At second quarter of 2024 the male workforce in Locksmiths, Grinders and Polishers Tools was higher in the educational segment with 7 to 9 years of schooling (9.89k), while the female workforce was higher in the educational segment with 10 to 12 years of schooling (513).

The highest average salary was $6.55k MX received by men with 7 to 9 years of schooling, while the lowest average salary was $6.55k MX received by men with 7 to 9 years of schooling.

* The data regarding salaries have low statistical precision so it should not be used as conclusions.

Workforce and Salaries Distribution by Industries

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

At second quarter of 2024, the workforce was higher in Electronic and Precision Equipment Repair and Maintenance (78.7%), Repair and Maintenance of Automobiles and Trucks (9.77%), and Beauty Salons and Clinics, Public Baths and Washrooms, and Shoeshine Shops (8.43%).

In the same period, the best average salaries were received in Metallic Ore Mining ($15.1k MX), Electronic and Precision Equipment Repair and Maintenance ($6.94k MX), and Beauty Salons and Clinics, Public Baths and Washrooms, and Shoeshine Shops ($308 MX).

Labor Informality

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Labor Informality

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Labor Informality 2024-Q2

  • 54.5%, Locksmiths, Grinders and Polishers Tools
  • 54.3%, Average Informality in Mexico

During the second quarter of 2024, the labor informality of Locksmiths, Grinders and Polishers Tools reached a 54.5%, which implied an increase from 3.96 percentage points compared to the first quarter of 2024  (50.6%).

The labor informality of this occupation was higher than informality at the country level in 0.28 percentage points during the second quarter of 2024.

Labor Informality by State

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Greater Labor Informality: 100%, Zacatecas

Less Labor Informality: 24.2 %, Jalisco

At second quarter of 2024, the states with the highest rate of labor informality in Locksmiths, Grinders and Polishers Tools were Zacatecas (100%), Veracruz de Ignacio de la Llave (100%), and Tlaxcala (100%).

The states with the lowest informality rate were Durango (26.8%), Querétaro (25.8%), and Jalisco (24.2%).

Labor Informality by Age and Education

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Workforce

The workforce of Locksmiths, Grinders and Polishers Tools during the second quarter of 2024 was higher in the age group with 45 to 54 years concentrating 5.18k workers of which 19.8% corresponds to formal employment (1.03k) and 80.2% to informal employment (4.16k).

Regarding the schooling years, the workforce was higher in the range with 7 to 9 years of schooling concentrating 10.2k workers of which 41.9%  corresponds to formal employment (4.29k) and 58.1% corresponds to informal employment (5.95k).