Occupation (1314) - 2024-Q3
The workforce of Directors and Managers in Manufacturing during third quarter of 2024 was 89.5k people, whose salary averaged $15k MX working around 49.6 hours per week.
The average age of Directors and Managers in Manufacturing was 46 years. The workforce was distributed in 75.5% men with an average salary of $15.3k MX and, 24.5% women with average salary of $14.1k MX.
The best average salaries received by Directors and Managers in Manufacturing were in Sinaloa ($50k MX), Nuevo León ($34.7k MX), and Tamaulipas ($23.6k MX) while the workforce was larger in Estado de México (9.87k), Coahuila de Zaragoza (8.79k), and Jalisco (8.49k).
In terms of industries, the best average salaries were in Promoters of Performing Arts, Sports and Similar Events ($50k MX), Legal Services ($29k MX), and Foundations, Prefabricated Structures Assembly and Exterior Construction Works ($27.8k MX), while the workforce was concentrated on Legal Services (3.21k), Retail Trade of Groceries and Food (2.56k), and Foundations, Prefabricated Structures Assembly and Exterior Construction Works (1.97k).
49.5% of the total informal workers correspond to women with an average salary of $5.61k MX and 50.5% to men with an average salary of $9.25k MX.
At the level of states, Veracruz de Ignacio de la Llave had the highest percentage of informal workers with 100% corresponding to 52 from 52 workers, while the state with the lowest percentage of informal workers was Chiapas with a 0.64% corresponding to 15 from 2.34k workers.
At third quarter of 2024, the people who worked as Directors and Managers in Manufacturing were 89.5k being a 2.24% higher than the second quarter of 2024. (87.5k).
In the same period, an average salary of $15k MX was observed, registering an increase of 4.22%, compared to the second quarter of 2024 ($14.4k MX).
The states with the highest number of Directors and Managers in Manufacturing during the third quarter of 2024 were Estado de México (9.87k), Coahuila de Zaragoza (8.79k), and Jalisco (8.49k)
Comparing the first quarter of 2021 and the third quarter of 2024, the main positive variations occurred in Coahuila de Zaragoza and Tamaulipas with an increase of 4.03k (84.7%) and 3.59k (789%), respectively. On the other hand, the negative variations were accentuated in Guanajuato and Nuevo León with a decrease of 4.47k (59%) and 4.21k (43.4%), respectively.
The states with the best average salaries for Directors and Managers in Manufacturing during third quarter of 2024 were Sinaloa ($50k MX), Nuevo León ($34.7k MX), and Tamaulipas ($23.6k MX)
Comparing the first quarter of 2021 and the third quarter of 2024, the positive salary growth was higher in Sinaloa and Nuevo León with an increase of $38.7k MX (343%) and $28.1k MX (425%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Ciudad de México and Tamaulipas with a decrease of $72.9k MX (91.4%) and $28k MX (54.3%), respectively.
Average Age 2024-Q3: 47.4, Men
At third quarter of 2024, the male workforce in Directors and Managers in Manufacturing represented the 75.5% of the employed population and women 24.5%. The male workforce was higher in the age group of 45 to 54 years (21.2k), while the female workforce was higher in the age group of 25 to 34 years (8.51k).
The highest average salary was $22.3k MX received by men from 35 to 44 years, while the lowest average salary was $11.1k MX received by men from 55 to 64 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 Directors and Managers in Manufacturing was concentrated in the educational segment with 16 to 18 years of schooling (37.1k men and 12.1k women).
The highest average salary was $17.2k MX received by men with 16 to 18 years of schooling, while the lowest average salary was $9.59k MX received by men with 10 to 12 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 Directors and Managers in Manufacturing in different industries and economic sectors.
At third quarter of 2024, the workforce was higher in Legal Services (19.2%), Retail Trade of Groceries and Food (15.3%), and Foundations, Prefabricated Structures Assembly and Exterior Construction Works (11.8%).
In the same period, the best average salaries were received in Promoters of Performing Arts, Sports and Similar Events ($50k MX), Legal Services ($29k MX), and Foundations, Prefabricated Structures Assembly and Exterior Construction Works ($27.8k MX).
Labor Informality 2024-Q3
During the third quarter of 2024, the labor informality of Directors and Managers in Manufacturing reached a 11.8%, which implied an increase from 1.39 percentage points compared to the second quarter of 2024 (10.4%).
The labor informality of this occupation was lower than informality at the country level in 42.8 percentage points during the third quarter of 2024.
Greater Labor Informality: 100%, Veracruz de Ignacio de la Llave
Less Labor Informality: 0.64 %, Chiapas
At third quarter of 2024, the states with the highest rate of labor informality in Directors and Managers in Manufacturing were Veracruz de Ignacio de la Llave (100%), Tabasco (50.5%), and Hidalgo (39.4%).
The states with the lowest informality rate were Coahuila de Zaragoza (3.62%), Baja California (2.72%), and Chiapas (0.64%).
The workforce of Directors and Managers in Manufacturing during the third quarter of 2024 was higher in the age group with 45 to 54 years concentrating 28.2k workers of which 87.1% corresponds to formal employment (24.6k) and 12.9% to informal employment (3.63k).
Regarding the schooling years, the workforce was higher in the range with 16 to 18 years of schooling concentrating 49.3k workers of which 98.5% corresponds to formal employment (48.5k) and 1.51% corresponds to informal employment (742).