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Assemblers and Fitters Tools, Machinery, Metal Products and Electronic

Group (82) - 2024-Q2

  • 1.07M, Workforce
  • $7.39k MX, Average monthly salary
  • 35.2, Average age
  • 44.7, Weekly hours worked
  • 4.99, Weekly days worked
  • 2.46%, Workforce with second job
  • 0.85%, Informal Workforce
  • 10.7, Average years of Schooling

About Assemblers and Fitters Tools, Machinery, Metal Products and Electronic

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The workforce of Assemblers and Fitters Tools, Machinery, Metal Products and Electronic during second quarter of 2024 was 1.07M people, whose salary averaged $7.39k MX working around 44.7 hours per week.

The average age of Assemblers and Fitters Tools, Machinery, Metal Products and Electronic was 35.2 years. The workforce was distributed in 48.9% men with an average salary of $7.56k MX and, 51.1% women with average salary of $7.22k MX.

The best average salaries received by Assemblers and Fitters Tools, Machinery, Metal Products and Electronic were in Baja California Sur ($17.4k MX), Campeche ($12.3k MX), and Coahuila de Zaragoza ($9.95k MX) while the workforce was larger in Chihuahua (149k), Coahuila de Zaragoza (130k), and Nuevo León (103k).

In terms of industries, the best average salaries were in Electric Power Generation, Transmission, Distribution and Commercialization ($15.7k MX), Water Collection, Treatment and Supply ($13.9k MX), and Retail Trade of Groceries and Food ($10.8k MX), while the workforce was concentrated on Retail Trade of Household Furniture and other Household Goods (3.81k), Repair and Maintenance of Automobiles and Trucks (3.79k), and Business Administration Services (3k).

51.7% of the total informal workers correspond to women with an average salary of $3.84k MX and 48.3% to men with an average salary of $5.34k MX.

At the level of states, Oaxaca had the highest percentage of informal workers with 100% corresponding to 75 from 75 workers, while the state with the lowest percentage of informal workers was Coahuila de Zaragoza with a 0.22% corresponding to 283 from 130k workers.

Workforce and Salaries Evolution

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  • 1.07M, Workforce 2024-Q2
  • $7.39k MX, Average monthly salary 2024-Q2

At second quarter of 2024, the people who worked as Assemblers and Fitters Tools, Machinery, Metal Products and Electronic were 1.07M being a 0.59% higher than the first quarter of 2024. (1.07M).

In the same period, an average salary of $7.39k MX was observed, registering an increase of 3.85%, compared to the first quarter of 2024 ($7.11k MX).

Workforce by State

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The states with the highest number of Assemblers and Fitters Tools, Machinery, Metal Products and Electronic during the second quarter of 2024 were Chihuahua (149k), Coahuila de Zaragoza (130k), and Nuevo León (103k)

Comparing the first quarter of 2021 and the second quarter of 2024, the main positive variations occurred in Coahuila de Zaragoza and Jalisco with an increase of 17.1k (15.2%) and 8.92k (19.1%), respectively. On the other hand, the negative variations were accentuated in Chihuahua and Sonora with a decrease of 13.5k (8.3%) and 7.37k (9.48%), respectively.

Salaries by State

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The states with the best average salaries for Assemblers and Fitters Tools, Machinery, Metal Products and Electronic during second quarter of 2024 were Baja California Sur ($17.4k MX), Campeche ($12.3k MX), and Coahuila de Zaragoza ($9.95k MX)

Average Salary and Workforce by Sex and Age

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Average Age 2024-Q2

  • 35.6, Women
  • 34.8, Men

At second quarter of 2024, the male workforce in Assemblers and Fitters Tools, Machinery, Metal Products and Electronic represented the 48.9% of the employed population and women 51.1%. The male and female workforce was higher in the age group 25 to 34 years (167k men and 171k women).

* 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-Q2)

  • 10.4, Women
  • 11.1, Men

The highest average salary was $9.43k MX received by women with 16 to 18 years of schooling, while the lowest average salary was $6.71k MX received by women with 4 to 6 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 Assemblers and Fitters Tools, Machinery, Metal Products and Electronic in different industries and economic sectors.

At second quarter of 2024, the workforce was higher in Retail Trade of Household Furniture and other Household Goods (18.3%), Repair and Maintenance of Automobiles and Trucks (18.2%), and Business Administration Services (14.4%).

In the same period, the best average salaries were received in Electric Power Generation, Transmission, Distribution and Commercialization ($15.7k MX), Water Collection, Treatment and Supply ($13.9k MX), and Retail Trade of Groceries and Food ($10.8k MX).

Labor Informality

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Labor Informality

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Labor Informality 2024-Q2

  • 0.85%, Assemblers and Fitters Tools, Machinery, Metal Products and Electronic
  • 54.3%, Average Informality in Mexico

During the second quarter of 2024, the labor informality of Assemblers and Fitters Tools, Machinery, Metal Products and Electronic reached a 0.85%, which implied a decrease from 0.19 percentage points compared to the first quarter of 2024  (1.04%).

The labor informality of this occupation was lower than informality at the country level in 53.4 percentage points during the second quarter of 2024.

Labor Informality by State

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Greater Labor Informality: 100%, Oaxaca

Less Labor Informality: 0.22 %, Coahuila de Zaragoza

At second quarter of 2024, the states with the highest rate of labor informality in Assemblers and Fitters Tools, Machinery, Metal Products and Electronic were Oaxaca (100%), Michoacán de Ocampo (12%), and Yucatán (9.59%).

The states with the lowest informality rate were Baja California (0.62%), Aguascalientes (0.38%), and Coahuila de Zaragoza (0.22%).

Labor Informality by Age and Education

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Workforce

The workforce of Assemblers and Fitters Tools, Machinery, Metal Products and Electronic during the second quarter of 2024 was higher in the age group with 25 to 34 years concentrating 337k workers of which 99% corresponds to formal employment (334k) and 1.05% to informal employment (3.53k).

Regarding the schooling years, the workforce was higher in the range with 7 to 9 years of schooling concentrating 431k workers of which 99.2%  corresponds to formal employment (427k) and 0.81% corresponds to informal employment (3.5k).