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Analysts and Software Developers and Multimedia

Occupation (2271) - 2024-Q3

  • 390k, Workforce
  • $9.59k MX, Average monthly salary
  • 36.8, Average age
  • 42.1, Weekly hours worked
  • 5.12, Weekly days worked
  • 2.78%, Workforce with second job
  • 12.1%, Informal Workforce
  • 16.5, Average years of Schooling

About Analysts and Software Developers and Multimedia

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The workforce of Analysts and Software Developers and Multimedia during third quarter of 2024 was 390k people, whose salary averaged $9.59k MX working around 42.1 hours per week.

The average age of Analysts and Software Developers and Multimedia was 36.8 years. The workforce was distributed in 81.4% men with an average salary of $10.2k MX and, 18.6% women with average salary of $6.87k MX.

The best average salaries received by Analysts and Software Developers and Multimedia were in Nuevo León ($16k MX), Baja California Sur ($15.5k MX), and Sinaloa ($15.2k MX) while the workforce was larger in Estado de México (86.4k), Ciudad de México (69.7k), and Nuevo León (36.9k).

In terms of industries, the best average salaries were in Services Related to Rail Transportation ($30k MX), Building Installations and Equipmen ($21.5k MX), and Building Installations and Equipment ($21.5k MX), while the workforce was concentrated on Legal Services (281k), Electronic and Precision Equipment Repair and Maintenance (80.6k), and Business Administration Services (21.4k).

10.3% of the total informal workers correspond to women with an average salary of $4.89k MX and 89.7% to men with an average salary of $6.62k MX.

At the level of states, Guerrero had the highest percentage of informal workers with 60.4% corresponding to 3.1k from 5.13k workers, while the state with the lowest percentage of informal workers was Quintana Roo with a 2.33% corresponding to 87 from 3.74k workers.

Workforce and Salaries Evolution

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  • 390k, Workforce 2024-Q3
  • $9.59k MX, Average monthly salary 2024-Q3

At third quarter of 2024, the people who worked as Analysts and Software Developers and Multimedia were 390k being a 0.45% higher than the second quarter of 2024. (388k).

In the same period, an average salary of $9.59k MX was observed, registering a drop of 4.12%, compared to the second quarter of 2024 ($10k MX).

Workforce by State

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The states with the highest number of Analysts and Software Developers and Multimedia during the third quarter of 2024 were Estado de México (86.4k), Ciudad de México (69.7k), and Nuevo León (36.9k)

Comparing the first quarter of 2021 and the third quarter of 2024, the main positive variations occurred in Ciudad de México and Veracruz de Ignacio de la Llave with an increase of 11.2k (19.1%) and 7.25k (60.9%), respectively. On the other hand, the negative variations were accentuated in Estado de México and Jalisco with a decrease of 10.4k (10.8%) and 3.93k (14.4%), respectively.

Salaries by State

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The states with the best average salaries for Analysts and Software Developers and Multimedia during third quarter of 2024 were Nuevo León ($16k MX), Baja California Sur ($15.5k MX), and Sinaloa ($15.2k MX)

Comparing the first quarter of 2021 and the third quarter of 2024, the positive salary growth was higher in Oaxaca and Guanajuato with an increase of $8.21k MX (161%) and $4.41k MX (76.2%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Tabasco and Veracruz de Ignacio de la Llave with a decrease of $9.7k MX (43.4%) and $6.19k MX (37%), respectively.

Average Salary and Workforce by Sex and Age

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Average Age 2024-Q3

  • 35.3, Women
  • 37.2, Men

At third quarter of 2024, the male workforce in Analysts and Software Developers and Multimedia represented the 81.4% of the employed population and women 18.6%. The male and female workforce was higher in the age group 25 to 34 years (132k men and 25.9k women).

The highest average salary was $11.7k MX received by men from 45 to 54 years, while the lowest average salary was $3.15k MX received by women from 35 to 44 years.

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

Average Salary and Workforce by Gender and Schooling Years

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Average Schooling in Years (2024-Q3)

  • 16.5, Women
  • 16.5, Men

During the third quarter of 2024, male and female workforce in Analysts and Software Developers and Multimedia was concentrated in the educational segment with 16 to 18 years of schooling (299k men and 68.6k women).

The highest average salary was $10.4k MX received by men with 16 to 18 years of schooling, while the lowest average salary was $5.23k MX received by men with 13 to 15 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 Analysts and Software Developers and Multimedia in different industries and economic sectors.

At third quarter of 2024, the workforce was higher in Legal Services (50.1%), Electronic and Precision Equipment Repair and Maintenance (14.3%), and Business Administration Services (3.81%).

In the same period, the best average salaries were received in Services Related to Rail Transportation ($30k MX), Building Installations and Equipmen ($21.5k MX), and Building Installations and Equipment ($21.5k MX).

Labor Informality

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Labor Informality

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Labor Informality 2024-Q3

  • 12.1%, Analysts and Software Developers and Multimedia
  • 54.6%, Average Informality in Mexico

During the third quarter of 2024, the labor informality of Analysts and Software Developers and Multimedia reached a 12.1%, which implied an increase from 3.15 percentage points compared to the second quarter of 2024  (8.95%).

The labor informality of this occupation was lower than informality at the country level in 42.5 percentage points during the third quarter of 2024.

Labor Informality by State

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Greater Labor Informality: 60.4%, Guerrero

Less Labor Informality: 2.33 %, Quintana Roo

At third quarter of 2024, the states with the highest rate of labor informality in Analysts and Software Developers and Multimedia were Guerrero (60.4%), Oaxaca (53.1%), and Chiapas (46.7%).

The states with the lowest informality rate were Coahuila de Zaragoza (3.06%), Querétaro (2.59%), and Quintana Roo (2.33%).

Labor Informality by Age and Education

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Workforce

The workforce of Analysts and Software Developers and Multimedia during the third quarter of 2024 was higher in the age group with 25 to 34 years concentrating 158k workers of which 88.8% corresponds to formal employment (140k) and 11.2% to informal employment (17.7k).

Regarding the schooling years, the workforce was higher in the range with 16 to 18 years of schooling concentrating 368k workers of which 88.3%  corresponds to formal employment (325k) and 11.7% corresponds to informal employment (43.1k).