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Assemblers and Fitters Tools, Machinery, Metal Products and Electronic

Subgroup (821) - 2024-Q2

  • 881k, Workforce
  • $6.84k MX, Average monthly salary
  • 34.9, Average age
  • 44.6, Weekly hours worked
  • 4.99, Weekly days worked
  • 2.3%, Workforce with second job
  • 0.92%, Informal Workforce
  • 10.4, 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 881k people, whose salary averaged $6.84k MX working around 44.6 hours per week.

The average age of Assemblers and Fitters Tools, Machinery, Metal Products and Electronic was 34.9 years. The workforce was distributed in 46.8% men with an average salary of $6.89k MX and, 53.2% women with average salary of $6.79k 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 ($9.94k MX), and Tamaulipas ($9.27k MX) while the workforce was larger in Chihuahua (123k), Coahuila de Zaragoza (100k), and Nuevo León (78.4k).

In terms of industries, the best average salaries were in Water Collection, Treatment and Supply ($13.9k MX), Retail Trade of Groceries and Food ($10.8k MX), and Electric Power Generation, Transmission, Distribution and Commercialization ($9.53k MX), while the workforce was concentrated on Repair and Maintenance of Automobiles and Trucks (3.79k), Foundations, Prefabricated Structures Assembly and Exterior Construction Works (1.91k), and Water Collection, Treatment and Supply (1.5k).

55.2% of the total informal workers correspond to women with an average salary of $4.04k MX and 44.8% to men with an average salary of $3.96k 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 0.18% corresponding to 176 from 100k workers.

Workforce and Salaries Evolution

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  • 881k, Workforce 2024-Q2
  • $6.84k 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 881k being a 0.57% higher than the first quarter of 2024. (876k).

In the same period, an average salary of $6.84k MX was observed, registering an increase of 0.46%, compared to the first quarter of 2024 ($6.81k 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 (123k), Coahuila de Zaragoza (100k), and Nuevo León (78.4k)

Comparing the first quarter of 2021 and the second quarter of 2024, the main positive variations occurred in Coahuila de Zaragoza and Estado de México with an increase of 11k (12.3%) and 5.19k (12.3%), respectively. On the other hand, the negative variations were accentuated in Chihuahua and Sonora with a decrease of 10.6k (7.94%) and 8.93k (13%), 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 ($9.94k MX), and Tamaulipas ($9.27k MX)

Comparing the first quarter of 2021 and the second quarter of 2024, the positive salary growth was higher in Morelos and Zacatecas with an increase of $2.15k MX (109%) and $1.02k MX (16.1%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Baja California Sur and Oaxaca with a decrease of $19.2k MX (52.5%) and $11.6k MX (100%), respectively.

Average Salary and Workforce by Sex and Age

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Average Age 2024-Q2

  • 35.2, Women
  • 34.5, Men

At second quarter of 2024, the male workforce in Assemblers and Fitters Tools, Machinery, Metal Products and Electronic represented the 46.8% of the employed population and women 53.2%. The male and female workforce was higher in the age group 25 to 34 years (125k men and 143k women).

The highest average salary was $7.37k MX received by women from 55 to 64 years, while the lowest average salary was $6.41k 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 Salary and Workforce by Gender and Schooling Years

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Average Schooling in Years (2024-Q2)

  • 10.2, Women
  • 10.5, Men

During the second quarter of 2024, male and female workforce in Assemblers and Fitters Tools, Machinery, Metal Products and Electronic was concentrated in the educational segment with 7 to 9 years of schooling (172k men and 214k women).

The highest average salary was $8.18k MX received by men with 4 to 6 years of schooling, while the lowest average salary was $5.74k 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.

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 Repair and Maintenance of Automobiles and Trucks (34.9%), Foundations, Prefabricated Structures Assembly and Exterior Construction Works (17.6%), and Water Collection, Treatment and Supply (13.8%).

In the same period, the best average salaries were received in Water Collection, Treatment and Supply ($13.9k MX), Retail Trade of Groceries and Food ($10.8k MX), and Electric Power Generation, Transmission, Distribution and Commercialization ($9.53k MX).

Labor Informality

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Labor Informality

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Labor Informality 2024-Q2

  • 0.92%, 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 0.92%, which implied a decrease from 0.32 percentage points compared to the first quarter of 2024  (1.25%).

The labor informality of this occupation was lower than informality at the country level in 53.3 percentage points during the second quarter of 2024.

Labor Informality by State

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Greater Labor Informality: 100%, Oaxaca

Less Labor Informality: 0.18 %, 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 (10.4%).

The states with the lowest informality rate were San Luis Potosí (0.74%), Aguascalientes (0.44%), and Coahuila de Zaragoza (0.18%).

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 268k workers of which 98.7% corresponds to formal employment (264k) and 1.32% to informal employment (3.53k).

Regarding the schooling years, the workforce was higher in the range with 7 to 9 years of schooling concentrating 386k workers of which 99.2%  corresponds to formal employment (383k) and 0.82% corresponds to informal employment (3.18k).