Occupation (8211) - 2024-Q2
The workforce of Assemblers and Fitters Tools, Machinery, Equipment and Metal Products during second quarter of 2024 was 400k people, whose salary averaged $6.46k MX working around 45.1 hours per week.
The average age of Assemblers and Fitters Tools, Machinery, Equipment and Metal Products was 35.3 years. The workforce was distributed in 57.2% men with an average salary of $6.47k MX and, 42.8% women with average salary of $6.44k MX.
The best average salaries received by Assemblers and Fitters Tools, Machinery, Equipment and Metal Products were in Michoacán de Ocampo ($10.8k MX), Tamaulipas ($10k MX), and Coahuila de Zaragoza ($9.11k MX) while the workforce was larger in Coahuila de Zaragoza (50.4k), Estado de México (41.5k), and San Luis Potosí (41.3k).
In terms of industries, the best average salaries were in Retail Trade of Hardware and Glass ($8.6k MX), Other Manufacturing Industries ($8.17k MX), and Repair and Maintenance of Automobiles and Trucks ($7.31k MX), while the workforce was concentrated on Repair and Maintenance of Automobiles and Trucks (1.83k), Retail Trade of Automobiles and Pickup Trucks (916), and Services Related to Air Transportation (354).
30.2% of the total informal workers correspond to women with an average salary of $5.91k MX and 69.8% to men with an average salary of $2.17k MX.
At the level of states, Michoacán de Ocampo had the highest percentage of informal workers with 100% corresponding to 77 from 77 workers, while the state with the lowest percentage of informal workers was Estado de México with a 0.27% corresponding to 110 from 41.5k workers.
At second quarter of 2024, the people who worked as Assemblers and Fitters Tools, Machinery, Equipment and Metal Products were 400k being a 2.73% lower than the first quarter of 2024. (411k).
In the same period, an average salary of $6.46k MX was observed, registering a drop of 0.34%, compared to the first quarter of 2024 ($6.48k MX).
The states with the highest number of Assemblers and Fitters Tools, Machinery, Equipment and Metal Products during the second quarter of 2024 were Coahuila de Zaragoza (50.4k), Estado de México (41.5k), and San Luis Potosí (41.3k)
Comparing the first quarter of 2021 and the second quarter of 2024, the main positive variations occurred in Estado de México and Tamaulipas with an increase of 4.86k (13.3%) and 3.96k (16.1%), respectively. On the other hand, the negative variations were accentuated in Baja California and Chihuahua with a decrease of 8.78k (30.9%) and 7.85k (19.1%), respectively.
The states with the best average salaries for Assemblers and Fitters Tools, Machinery, Equipment and Metal Products during second quarter of 2024 were Michoacán de Ocampo ($10.8k MX), Tamaulipas ($10k MX), and Coahuila de Zaragoza ($9.11k MX)
Comparing the first quarter of 2021 and the second quarter of 2024, the positive salary growth was higher in Michoacán de Ocampo and Morelos with an increase of $2.75k MX (34.4%) and $2.55k MX (171%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Ciudad de México and Veracruz de Ignacio de la Llave with a decrease of $5.46k MX (84.4%) and $2.87k MX (32.8%), respectively.
Average Age 2024-Q2
At second quarter of 2024, the male workforce in Assemblers and Fitters Tools, Machinery, Equipment and Metal Products represented the 57.2% of the employed population and women 42.8%. The male and female workforce was higher in the age group 25 to 34 years (67.4k men and 53.7k women).
The highest average salary was $7.35k MX received by women from 55 to 64 years, while the lowest average salary was $5.86k MX received by men from 45 to 54 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 Assemblers and Fitters Tools, Machinery, Equipment and Metal Products was concentrated in the educational segment with 7 to 9 years of schooling (97.1k men and 75.9k women).
The highest average salary was $7.24k MX received by men with 16 to 18 years of schooling, while the lowest average salary was $4.56k MX received by women with 16 to 18 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 Assemblers and Fitters Tools, Machinery, Equipment and Metal Products in different industries and economic sectors.
At second quarter of 2024, the workforce was higher in Repair and Maintenance of Automobiles and Trucks (50.8%), Retail Trade of Automobiles and Pickup Trucks (25.5%), and Services Related to Air Transportation (9.84%).
In the same period, the best average salaries were received in Retail Trade of Hardware and Glass ($8.6k MX), Other Manufacturing Industries ($8.17k MX), and Repair and Maintenance of Automobiles and Trucks ($7.31k MX).
Labor Informality 2024-Q2
During the second quarter of 2024, the labor informality of Assemblers and Fitters Tools, Machinery, Equipment and Metal Products reached a 0.68%, which implied a decrease from 0.77 percentage points compared to the first quarter of 2024 (1.45%).
The labor informality of this occupation was lower than informality at the country level in 53.6 percentage points during the second quarter of 2024.
Greater Labor Informality: 100%, Michoacán de Ocampo
Less Labor Informality: 0.27 %, Estado de México
At second quarter of 2024, the states with the highest rate of labor informality in Assemblers and Fitters Tools, Machinery, Equipment and Metal Products were Michoacán de Ocampo (100%), Morelos (10.4%), and Puebla (1.82%).
The states with the lowest informality rate were Baja California (0.54%), Guanajuato (0.44%), and Estado de México (0.27%).
The workforce of Assemblers and Fitters Tools, Machinery, Equipment and Metal Products during the second quarter of 2024 was higher in the age group with 25 to 34 years concentrating 121k workers of which 99.3% corresponds to formal employment (120k) and 0.7% to informal employment (845).
Regarding the schooling years, the workforce was higher in the range with 7 to 9 years of schooling concentrating 173k workers of which 99.6% corresponds to formal employment (172k) and 0.37% corresponds to informal employment (632).