Category (4) - 2024-Q2
The workforce of Traders, Employees in Sales and Sales Agents during second quarter of 2024 was 8.46M people, whose salary averaged $4.76k MX working around 43.3 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 $5.76k MX and, 59% women with average salary of $4.07k MX.
The best average salaries received by Traders, Employees in Sales and Sales Agents were in Baja California Sur ($8.64k MX), Nayarit ($7.76k MX), and Tamaulipas ($7.6k MX) while the workforce was larger in Estado de México (1.48M), Ciudad de México (708k), and Jalisco (620k).
In terms of industries, the best average salaries were in Metallic Ore Mining ($40k MX), Water Collection, Treatment and Supply ($37k MX), and Foundations, Prefabricated Structures Assembly and Exterior Construction Works ($19.6k MX), while the workforce was concentrated on Retail Trade of Groceries and Food (5.18M), Retail Trade of Textile Products, except Apparel (1.76M), and Retail Trade of Household Furniture and other Household Goods (1.25M).
66.2% of the total informal workers correspond to women with an average salary of $3.23k MX and 33.8% to men with an average salary of $4.47k MX.
At the level of states, Oaxaca had the highest percentage of informal workers with 80.2% corresponding to 188k from 235k workers, while the state with the lowest percentage of informal workers was Baja California Sur with a 38.4% corresponding to 18.3k from 47.7k workers.
At second quarter of 2024, the people who worked as Traders, Employees in Sales and Sales Agents were 8.46M being a 1.16% higher than the first quarter of 2024. (8.37M).
In the same period, an average salary of $4.76k MX was observed, registering a drop of 3.39%, compared to the first quarter of 2024 ($4.93k MX).
The states with the highest number of Traders, Employees in Sales and Sales Agents during the second quarter of 2024 were Estado de México (1.48M), Ciudad de México (708k), and Jalisco (620k)
Comparing the first quarter of 2021 and the second quarter of 2024, the main positive variations occurred in Estado de México and Guanajuato with an increase of 59.2k (4.17%) and 36.2k (8.5%), respectively. On the other hand, the negative variations were accentuated in Tabasco and Jalisco with a decrease of 14.3k (9.33%) and 12.8k (2.02%), respectively.
The states with the best average salaries for Traders, Employees in Sales and Sales Agents during second quarter of 2024 were Baja California Sur ($8.64k MX), Nayarit ($7.76k MX), and Tamaulipas ($7.6k MX)
Comparing the first quarter of 2021 and the second quarter of 2024, the positive salary growth was higher in Veracruz de Ignacio de la Llave and Zacatecas with an increase of $713 MX (15.5%) and $679 MX (18.6%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Baja California Sur and Guanajuato with a decrease of $1.51k MX (14.9%) and $1.06k MX (24.6%), respectively.
Average Age 2024-Q2
At second 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 (781k men and 1.1M women).
The highest average salary was $6.95k MX received by men from 35 to 44 years, while the lowest average salary was $2.68k MX received by women from 65 to 74 years.
* The data regarding salaries have low statistical precision so it should not be used as conclusions.
Average Schooling in Years (2024-Q2)
During the second 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 (1.23M men and 1.74M women).
The highest average salary was $7.38k MX received by men with 16 to 18 years of schooling, while the lowest average salary was $2.89k 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 second quarter of 2024, the workforce was higher in Retail Trade of Groceries and Food (41.8%), Retail Trade of Textile Products, except Apparel (14.2%), and Retail Trade of Household Furniture and other Household Goods (10.1%).
In the same period, the best average salaries were received in Metallic Ore Mining ($40k MX), Water Collection, Treatment and Supply ($37k MX), and Foundations, Prefabricated Structures Assembly and Exterior Construction Works ($19.6k MX).
Labor Informality 2024-Q2
During the second quarter of 2024, the labor informality of Traders, Employees in Sales and Sales Agents reached a 62.3%, which implied a decrease from 0.016 percentage points compared to the first quarter of 2024 (62.3%).
The labor informality of this occupation was higher than informality at the country level in 8.01 percentage points during the second quarter of 2024.
Greater Labor Informality: 80.2%, Oaxaca
Less Labor Informality: 38.4 %, Baja California Sur
At second quarter of 2024, the states with the highest rate of labor informality in Traders, Employees in Sales and Sales Agents were Oaxaca (80.2%), Guerrero (78.9%), and Hidalgo (77.8%).
The states with the lowest informality rate were Sonora (47.9%), Quintana Roo (46.9%), and Baja California Sur (38.4%).
The workforce of Traders, Employees in Sales and Sales Agents during the second quarter of 2024 was higher in the age group with 25 to 34 years concentrating 1.88M workers of which 45.7% corresponds to formal employment (860k) and 54.3% to informal employment (1.02M).
Regarding the schooling years, the workforce was higher in the range with 10 to 12 years of schooling concentrating 2.97M workers of which 40.9% corresponds to formal employment (1.22M) and 59.1% corresponds to informal employment (1.75M).