Category (4) - 2024-Q3
The workforce of Traders, Employees in Sales and Sales Agents during third quarter of 2024 was 8.36M people, whose salary averaged $4.81k MX working around 43.6 hours per week.
The average age of Traders, Employees in Sales and Sales Agents was 40.4 years. The workforce was distributed in 41% men with an average salary of $5.87k MX and, 59% women with average salary of $4.08k MX.
The best average salaries received by Traders, Employees in Sales and Sales Agents were in Baja California Sur ($9.3k MX), Coahuila de Zaragoza ($7.93k MX), and Nuevo León ($7.91k MX) while the workforce was larger in Estado de México (1.42M), Ciudad de México (732k), and Jalisco (596k).
In terms of industries, the best average salaries were in Pig Raising ($43k MX), Foundations, Prefabricated Structures Assembly and Exterior Construction Works ($22.5k MX), and Retail Trade of Parts for Automobiles, Pickup Trucks and Trucks ($20k MX), while the workforce was concentrated on Retail Trade of Groceries and Food (5.03M), Retail Trade of Textile Products, except Apparel (1.68M), and Retail Trade of Household Furniture and other Household Goods (1.18M).
66.4% of the total informal workers correspond to women with an average salary of $3.34k MX and 33.6% to men with an average salary of $4.56k MX.
At the level of states, Oaxaca had the highest percentage of informal workers with 81.9% corresponding to 182k from 223k workers, while the state with the lowest percentage of informal workers was Baja California Sur with a 36% corresponding to 16.4k from 45.6k workers.
At third quarter of 2024, the people who worked as Traders, Employees in Sales and Sales Agents were 8.36M being a 1.17% lower than the second quarter of 2024. (8.46M).
In the same period, an average salary of $4.81k MX was observed, registering an increase of 1.16%, compared to the second quarter of 2024 ($4.76k MX).
The states with the highest number of Traders, Employees in Sales and Sales Agents during the third quarter of 2024 were Estado de México (1.42M), Ciudad de México (732k), and Jalisco (596k)
Comparing the first quarter of 2021 and the third quarter of 2024, the main positive variations occurred in Querétaro and Ciudad de México with an increase of 24.7k (17.8%) and 24.5k (3.46%), respectively. On the other hand, the negative variations were accentuated in Estado de México and Guanajuato with a decrease of 62.3k (4.21%) and 45.3k (9.79%), respectively.
The states with the best average salaries for Traders, Employees in Sales and Sales Agents during third quarter of 2024 were Baja California Sur ($9.3k MX), Coahuila de Zaragoza ($7.93k MX), and Nuevo León ($7.91k MX)
Comparing the first quarter of 2021 and the third quarter of 2024, the positive salary growth was higher in Hidalgo and Aguascalientes with an increase of $2.96k MX (70%) and $1.21k MX (37.9%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Veracruz de Ignacio de la Llave and Tamaulipas with a decrease of $882 MX (16.6%) and $872 MX (11.5%), respectively.
Average Age 2024-Q3
At third quarter of 2024, the male workforce in Traders, Employees in Sales and Sales Agents represented the 41% of the employed population and women 59%. The male and female workforce was higher in the age group 25 to 34 years (829k men and 1.1M women).
The highest average salary was $7.16k MX received by men from 35 to 44 years, while the lowest average salary was $2.87k MX received by men from 75 or more years.
* The data regarding salaries have low statistical precision so it should not be used as conclusions.
Average Schooling in Years (2024-Q3)
During the third quarter of 2024, male and female workforce in Traders, Employees in Sales and Sales Agents was concentrated in the educational segment with 10 to 12 years of schooling (1.22M men and 1.69M women).
The highest average salary was $7.71k MX received by men with 16 to 18 years of schooling, while the lowest average salary was $3.23k MX received by women with 0 to 3 years of schooling.
* The data regarding salaries have low statistical precision so it should not be used as conclusions.
The visualization shows the distribution of Traders, Employees in Sales and Sales Agents in different industries and economic sectors.
At third quarter of 2024, the workforce was higher in Retail Trade of Groceries and Food (41.6%), Retail Trade of Textile Products, except Apparel (13.9%), and Retail Trade of Household Furniture and other Household Goods (9.77%).
In the same period, the best average salaries were received in Pig Raising ($43k MX), Foundations, Prefabricated Structures Assembly and Exterior Construction Works ($22.5k MX), and Retail Trade of Parts for Automobiles, Pickup Trucks and Trucks ($20k MX).
Labor Informality 2024-Q3
During the third quarter of 2024, the labor informality of Traders, Employees in Sales and Sales Agents reached a 62.2%, which implied a decrease from 0.11 percentage points compared to the second quarter of 2024 (62.3%).
The labor informality of this occupation was higher than informality at the country level in 7.53 percentage points during the third quarter of 2024.
Greater Labor Informality: 81.9%, Oaxaca
Less Labor Informality: 36 %, Baja California Sur
At third quarter of 2024, the states with the highest rate of labor informality in Traders, Employees in Sales and Sales Agents were Oaxaca (81.9%), Tlaxcala (76.4%), and Guerrero (75.3%).
The states with the lowest informality rate were Colima (45.5%), Quintana Roo (45%), and Baja California Sur (36%).
The workforce of Traders, Employees in Sales and Sales Agents during the third quarter of 2024 was higher in the age group with 25 to 34 years concentrating 1.93M workers of which 44.2% corresponds to formal employment (851k) and 55.8% to informal employment (1.07M).
Regarding the schooling years, the workforce was higher in the range with 10 to 12 years of schooling concentrating 2.91M workers of which 42.7% corresponds to formal employment (1.24M) and 57.3% corresponds to informal employment (1.67M).