Subgroup (821) - 2024-Q3
The workforce of Assemblers and Fitters Tools, Machinery, Metal Products and Electronic during third quarter of 2024 was 884k people, whose salary averaged $7.09k MX working around 44.7 hours per week.
The average age of Assemblers and Fitters Tools, Machinery, Metal Products and Electronic was 34.8 years. The workforce was distributed in 47.5% men with an average salary of $7.26k MX and, 52.5% women with average salary of $6.93k MX.
The best average salaries received by Assemblers and Fitters Tools, Machinery, Metal Products and Electronic were in Veracruz de Ignacio de la Llave ($15.9k MX), Tamaulipas ($9.44k MX), and Coahuila de Zaragoza ($9.22k MX) while the workforce was larger in Chihuahua (126k), Coahuila de Zaragoza (106k), and Nuevo León (72.6k).
In terms of industries, the best average salaries were in Electric Power Generation, Transmission, Distribution and Commercialization ($21.5k MX), Fishing ($17.2k MX), and Medical Doctors Offices ($16k MX), while the workforce was concentrated on Retail Trade of Automobiles and Pickup Trucks (4.91k), Electronic and Precision Equipment Repair and Maintenance (4.07k), and Medical Doctors Offices (1.86k).
22.2% of the total informal workers correspond to women with an average salary of $5.7k MX and 77.8% to men with an average salary of $6.43k MX.
At the level of states, Tabasco had the highest percentage of informal workers with 100% corresponding to 778 from 778 workers, while the state with the lowest percentage of informal workers was Chihuahua with a 0.21% corresponding to 261 from 126k workers.
At third quarter of 2024, the people who worked as Assemblers and Fitters Tools, Machinery, Metal Products and Electronic were 884k being a 0.34% higher than the second quarter of 2024. (881k).
In the same period, an average salary of $7.09k MX was observed, registering an increase of 3.61%, compared to the second quarter of 2024 ($6.84k MX).
The states with the highest number of Assemblers and Fitters Tools, Machinery, Metal Products and Electronic during the third quarter of 2024 were Chihuahua (126k), Coahuila de Zaragoza (106k), and Nuevo León (72.6k)
Comparing the first quarter of 2021 and the third quarter of 2024, the main positive variations occurred in Guanajuato and Sinaloa with an increase of 7.38k (11.4%) and 6.77k (68.8%), respectively. On the other hand, the negative variations were accentuated in San Luis Potosí and Nuevo León with a decrease of 6.88k (13.1%) and 5.76k (7.34%), respectively.
The states with the best average salaries for Assemblers and Fitters Tools, Machinery, Metal Products and Electronic during third quarter of 2024 were Veracruz de Ignacio de la Llave ($15.9k MX), Tamaulipas ($9.44k MX), and Coahuila de Zaragoza ($9.22k MX)
Comparing the first quarter of 2021 and the third quarter of 2024, the positive salary growth was higher in Veracruz de Ignacio de la Llave and Ciudad de México with an increase of $8.52k MX (115%) and $2.53k MX (508%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Yucatán and Campeche with a decrease of $2.48k MX (33.7%) and $2.23k MX (22.5%), respectively.
Average Age 2024-Q3
At third quarter of 2024, the male workforce in Assemblers and Fitters Tools, Machinery, Metal Products and Electronic represented the 47.5% of the employed population and women 52.5%. The male and female workforce was higher in the age group 25 to 34 years (128k men and 132k women).
The highest average salary was $8.13k MX received by men from 55 to 64 years, while the lowest average salary was $6.08k MX received by women 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)
At third quarter of 2024 the male workforce in Assemblers and Fitters Tools, Machinery, Metal Products and Electronic was higher in the educational segment with 10 to 12 years of schooling (172k), while the female workforce was higher in the educational segment with 7 to 9 years of schooling (211k).
The highest average salary was $8.14k MX received by men with 4 to 6 years of schooling, while the lowest average salary was $6.71k MX received by women with 13 to 15 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, Metal Products and Electronic in different industries and economic sectors.
At third quarter of 2024, the workforce was higher in Retail Trade of Automobiles and Pickup Trucks (30.5%), Electronic and Precision Equipment Repair and Maintenance (25.3%), and Medical Doctors Offices (11.6%).
In the same period, the best average salaries were received in Electric Power Generation, Transmission, Distribution and Commercialization ($21.5k MX), Fishing ($17.2k MX), and Medical Doctors Offices ($16k MX).
Labor Informality 2024-Q3
During the third quarter of 2024, the labor informality of Assemblers and Fitters Tools, Machinery, Metal Products and Electronic reached a 1.42%, which implied an increase from 0.5 percentage points compared to the second quarter of 2024 (0.92%).
The labor informality of this occupation was lower than informality at the country level in 53.2 percentage points during the third quarter of 2024.
At third quarter of 2024, the states with the highest rate of labor informality in Assemblers and Fitters Tools, Machinery, Metal Products and Electronic were Tabasco (100%), Ciudad de México (38.8%), and Campeche (15.3%).
The states with the lowest informality rate were Aguascalientes (0.38%), Durango (0.29%), and Chihuahua (0.21%).
The workforce of Assemblers and Fitters Tools, Machinery, Metal Products and Electronic during the third quarter of 2024 was higher in the age group with 25 to 34 years concentrating 260k workers of which 98.6% corresponds to formal employment (256k) and 1.41% to informal employment (3.66k).
Regarding the schooling years, the workforce was higher in the range with 7 to 9 years of schooling concentrating 378k workers of which 99.6% corresponds to formal employment (376k) and 0.37% corresponds to informal employment (1.39k).