Subgroup (121) - 2024-Q3
The workforce of Directors and Managers in Financial and Administrative Services during third quarter of 2024 was 247k people, whose salary averaged $18.3k MX working around 45.4 hours per week.
The average age of Directors and Managers in Financial and Administrative Services was 43.1 years. The workforce was distributed in 64.1% men with an average salary of $22.7k MX and, 35.9% women with average salary of $10.2k MX.
The best average salaries received by Directors and Managers in Financial and Administrative Services were in Guanajuato ($27.7k MX), Ciudad de México ($25.6k MX), and Nuevo León ($19.7k MX) while the workforce was larger in Ciudad de México (95.8k), Estado de México (26.4k), and Jalisco (20.4k).
In terms of industries, the best average salaries were in Building Installations and Equipmen ($86.1k MX), Building Installations and Equipment ($86.1k MX), and Cattle Raising ($50k MX), while the workforce was concentrated on Multiple Banking (71.7k), Legal Services (37.8k), and Financial Institutions for Economic Developmen (19.7k).
37.6% of the total informal workers correspond to women with an average salary of $10.6k MX and 62.4% to men with an average salary of $6.97k MX.
At the level of states, Colima had the highest percentage of informal workers with 27.2% corresponding to 711 from 2.61k workers, while the state with the lowest percentage of informal workers was Guanajuato with a 0.62% corresponding to 45 from 7.21k workers.
At third quarter of 2024, the people who worked as Directors and Managers in Financial and Administrative Services were 247k being a N/A% N/A than the second quarter of 2024. (N/A).
The states with the highest number of Directors and Managers in Financial and Administrative Services during the third quarter of 2024 were Ciudad de México (95.8k), Estado de México (26.4k), and Jalisco (20.4k)
Comparing the first quarter of 2021 and the third quarter of 2024, the main positive variations occurred in Ciudad de México and Guanajuato with an increase of 32.8k (52.1%) and 2.35k (48.3%), respectively. On the other hand, the negative variations were accentuated in Nuevo León and Estado de México with a decrease of 12.8k (42.4%) and 8.83k (25%), respectively.
The states with the best average salaries for Directors and Managers in Financial and Administrative Services during third quarter of 2024 were Guanajuato ($27.7k MX), Ciudad de México ($25.6k MX), and Nuevo León ($19.7k MX)
Comparing the first quarter of 2021 and the third quarter of 2024, the positive salary growth was higher in Guanajuato and Ciudad de México with an increase of $20.3k MX (273%) and $8.43k MX (49%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Baja California Sur and Sinaloa with a decrease of $16.9k MX (49.9%) and $11.8k MX (45.1%), respectively.
Average Age 2024-Q3
At third quarter of 2024, the male workforce in Directors and Managers in Financial and Administrative Services represented the 64.1% of the employed population and women 35.9%. The male and female workforce was higher in the age group 35 to 44 years (42.3k men and 34.7k women).
The highest average salary was $37.5k MX received by men from 55 to 64 years, while the lowest average salary was $7.4k 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 Schooling in Years (2024-Q3)
During the third quarter of 2024, male and female workforce in Directors and Managers in Financial and Administrative Services was concentrated in the educational segment with 16 to 18 years of schooling (134k men and 65.2k women).
The highest average salary was $23.6k MX received by men with 16 to 18 years of schooling, while the lowest average salary was $9.22k 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 Financial and Administrative Services in different industries and economic sectors.
At third quarter of 2024, the workforce was higher in Multiple Banking (23.9%), Legal Services (12.6%), and Financial Institutions for Economic Developmen (6.57%).
In the same period, the best average salaries were received in Building Installations and Equipmen ($86.1k MX), Building Installations and Equipment ($86.1k MX), and Cattle Raising ($50k MX).
Labor Informality 2024-Q3
During the third quarter of 2024, the labor informality of Directors and Managers in Financial and Administrative Services reached a 9.86%, which implied an increase from 2.82 percentage points compared to the second quarter of 2024 (7.04%).
The labor informality of this occupation was lower than informality at the country level in 44.8 percentage points during the third quarter of 2024.
Greater Labor Informality: 27.2%, Colima
Less Labor Informality: 0.62 %, Guanajuato
At third quarter of 2024, the states with the highest rate of labor informality in Directors and Managers in Financial and Administrative Services were Colima (27.2%), San Luis Potosí (27.1%), and Baja California Sur (16.4%).
The states with the lowest informality rate were Chihuahua (3.58%), Tabasco (2.46%), and Guanajuato (0.62%).
The workforce of Directors and Managers in Financial and Administrative Services during the third quarter of 2024 was higher in the age group with 35 to 44 years concentrating 77k workers of which 92.5% corresponds to formal employment (71.3k) and 7.47% to informal employment (5.75k).
Regarding the schooling years, the workforce was higher in the range with 16 to 18 years of schooling concentrating 200k workers of which 92.1% corresponds to formal employment (184k) and 7.93% corresponds to informal employment (15.8k).