ProceduresGovernment

Coordinators and Area Managers in Financial, Administrative and Social Services

Group (15) - 2024-Q3

  • 418k, Workforce
  • $12.9k MX, Average monthly salary
  • 41.7, Average age
  • 42.5, Weekly hours worked
  • 4.97, Weekly days worked
  • 5.64%, Workforce with second job
  • 6.71%, Informal Workforce
  • 15.3, Average years of Schooling

About Coordinators and Area Managers in Financial, Administrative and Social Services

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The workforce of Coordinators and Area Managers in Financial, Administrative and Social Services during third quarter of 2024 was 418k people, whose salary averaged $12.9k MX working around 42.5 hours per week.

The average age of Coordinators and Area Managers in Financial, Administrative and Social Services was 41.7 years. The workforce was distributed in 53.6% men with an average salary of $13.6k MX and, 46.4% women with average salary of $12.2k MX.

The best average salaries received by Coordinators and Area Managers in Financial, Administrative and Social Services were in Baja California Sur ($17.7k MX), Sonora ($17.1k MX), and Nuevo León ($16.7k MX) while the workforce was larger in Ciudad de México (105k), Estado de México (39.6k), and Jalisco (30.3k).

In terms of industries, the best average salaries were in Electric Power Generation, Transmission, Distribution and Commercialization ($132k MX), Employment Services ($41.2k MX), and Retail Trade of Perfumery and Jewelry Products ($36.4k MX), while the workforce was concentrated on General Public Administration (14.6%), Regulation and Promotion of Economic Developmen (12.6%), and Regulation and Promotion of Economic Development (12.6%).

43% of the total informal workers correspond to women with an average salary of $6.56k MX and 57% to men with an average salary of $7.41k MX.

At the level of states, Tlaxcala had the highest percentage of informal workers with 29.4% corresponding to 820 from 2.79k workers, while the state with the lowest percentage of informal workers was Zacatecas with a 1.33% corresponding to 45 from 3.38k workers.

Workforce and Salaries Evolution

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  • 418k, Workforce 2024-Q3
  • $12.9k MX, Average monthly salary 2024-Q3

At third quarter of 2024, the people who worked as Coordinators and Area Managers in Financial, Administrative and Social Services were 418k being a 1.93% higher than the second quarter of 2024. (410k).

In the same period, an average salary of $12.9k MX was observed, registering an increase of 14.8%, compared to the second quarter of 2024 ($11.3k MX).

Workforce Evolution
(Total Workers)

Workforce by State

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The states with the highest number of Coordinators and Area Managers in Financial, Administrative and Social Services during the third quarter of 2024 were Ciudad de México (105k), Estado de México (39.6k), and Jalisco (30.3k)

Comparing the first quarter of 2021 and the third quarter of 2024, the main positive variations occurred in Ciudad de México and Jalisco with an increase of 23.9k (29.5%) and 7.07k (30.4%), respectively. On the other hand, the negative variations were accentuated in Estado de México and Michoacán de Ocampo with a decrease of 28.3k (41.7%) and 5.72k (44.1%), respectively.


Workforce during 2024-Q3

Salaries by State

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The states with the best average salaries for Coordinators and Area Managers in Financial, Administrative and Social Services during third quarter of 2024 were Baja California Sur ($17.7k MX), Sonora ($17.1k MX), and Nuevo León ($16.7k MX)

Comparing the first quarter of 2021 and the third quarter of 2024, the positive salary growth was higher in Aguascalientes and Querétaro with an increase of $10.7k MX (530%) and $8.95k MX (182%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Guerrero and Coahuila de Zaragoza with a decrease of $5.14k MX (33.8%) and $4.33k MX (26.9%), respectively.


Salaries during 2024-Q3

Average Salary and Workforce by Sex and Age

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Average Age 2024-Q3

  • 40.8, Women
  • 42.4, Men

At third quarter of 2024, the male workforce in Coordinators and Area Managers in Financial, Administrative and Social Services represented the 53.6% of the employed population and women 46.4%. The male workforce was higher in the age group of 45 to 54 years (61.1k), while the female workforce was higher in the age group of 35 to 44 years (61.4k).

The highest average salary was $17.6k MX received by men from 45 to 54 years, while the lowest average salary was $8.12k MX received by women from 15 to 24 years.

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

Salary by Gender and Age at third quarter of 2024
(Total Workers)

Average Salary and Workforce by Gender and Schooling Years

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Average Schooling in Years (2024-Q3)

  • 15.8, Women
  • 15, Men

During the third quarter of 2024, male and female workforce in Coordinators and Area Managers in Financial, Administrative and Social Services was concentrated in the educational segment with 16 to 18 years of schooling (138k men and 144k women).

The highest average salary was $15.2k MX received by men with 16 to 18 years of schooling, while the lowest average salary was $8.09k MX received by women with 13 to 15 years of schooling.

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

Salary by Gender and Schooling at third quarter of 2024
(Total Workers)

Workforce and Salaries Distribution by Industries

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The visualization shows the distribution of Coordinators and Area Managers in Financial, Administrative and Social Services in different industries and economic sectors.

At third quarter of 2024, the workforce was higher in General Public Administration (14.6%), Regulation and Promotion of Economic Developmen (12.6%), and Regulation and Promotion of Economic Development (12.6%).

In the same period, the best average salaries were received in Electric Power Generation, Transmission, Distribution and Commercialization ($132k MX), Employment Services ($41.2k MX), and Retail Trade of Perfumery and Jewelry Products ($36.4k MX).

Coordinators and Area Managers in Financial, Administrative and Social Services Distribution by Industries
(2024-Q3)

Labor Informality

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Labor Informality

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Labor Informality 2024-Q3

  • 6.71%, Coordinators and Area Managers in Financial, Administrative and Social Services
  • 54.6%, Average Informality in Mexico

During the third quarter of 2024, the labor informality of Coordinators and Area Managers in Financial, Administrative and Social Services reached a 6.71%, which implied a decrease from 1.39 percentage points compared to the second quarter of 2024  (8.1%).

The labor informality of this occupation was lower than informality at the country level in 47.9 percentage points during the third quarter of 2024.

Evolution of the Labor Informality of Coordinators and Area Managers in Financial, Administrative and Social Services Compared to the National Situation

Labor Informality by State

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Greater Labor Informality: 29.4%, Tlaxcala

Less Labor Informality: 1.33 %, Zacatecas

At third quarter of 2024, the states with the highest rate of labor informality in Coordinators and Area Managers in Financial, Administrative and Social Services were Tlaxcala (29.4%), Colima (24.2%), and Campeche (23.1%).

The states with the lowest informality rate were Durango (1.91%), Oaxaca (1.5%), and Zacatecas (1.33%).

Labor Informality Rate by State in 2024-Q3

Labor Informality by Age and Education

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Workforce

The workforce of Coordinators and Area Managers in Financial, Administrative and Social Services during the third quarter of 2024 was higher in the age group with 35 to 44 years concentrating 118k workers of which 94.4% corresponds to formal employment (111k) and 5.65% to informal employment (6.67k).

Regarding the schooling years, the workforce was higher in the range with 16 to 18 years of schooling concentrating 282k workers of which 93.4%  corresponds to formal employment (264k) and 6.59% corresponds to informal employment (18.6k).

Distribution of the Formal and Informal Workforce by Age Range in 2024-Q3