Subgroup (722) - 2024-Q3
The workforce of Herreros, Locksmiths, Jewelers and Craftsmen in the Manufacture of Metal during third quarter of 2024 was 346k people, whose salary averaged $6.98k MX working around 43.4 hours per week.
The average age of Herreros, Locksmiths, Jewelers and Craftsmen in the Manufacture of Metal was 46.1 years. The workforce was distributed in 98.4% men with an average salary of $7.03k MX and, 1.55% women with average salary of $3.98k MX.
The best average salaries received by Herreros, Locksmiths, Jewelers and Craftsmen in the Manufacture of Metal were in Baja California Sur ($16.3k MX), Nuevo León ($13.5k MX), and Quintana Roo ($12.8k MX) while the workforce was larger in Estado de México (44k), Jalisco (24k), and Ciudad de México (23.5k).
In terms of industries, the best average salaries were in Repair and Maintenance of Automobiles and Trucks ($15.2k MX), Residential Building Construction ($14k MX), and Foundations, Prefabricated Structures Assembly and Exterior Construction Works ($11.4k MX), while the workforce was concentrated on Electronic and Precision Equipment Repair and Maintenance (30.8k), Residential Building Construction (16.5k), and Retail Trade of Hardware and Glass (7.63k).
1.62% of the total informal workers correspond to women with an average salary of $2.98k MX and 98.4% to men with an average salary of $6.55k MX.
At the level of states, Tlaxcala had the highest percentage of informal workers with 95.8% corresponding to 4.25k from 4.44k workers, while the state with the lowest percentage of informal workers was Chihuahua with a 34.4% corresponding to 2.05k from 5.96k workers.
At third quarter of 2024, the people who worked as Herreros, Locksmiths, Jewelers and Craftsmen in the Manufacture of Metal were 346k being a 8.19% lower than the second quarter of 2024. (377k).
In the same period, an average salary of $6.98k MX was observed, registering a drop of 2.49%, compared to the second quarter of 2024 ($7.16k MX).
The states with the highest number of Herreros, Locksmiths, Jewelers and Craftsmen in the Manufacture of Metal during the third quarter of 2024 were Estado de México (44k), Jalisco (24k), and Ciudad de México (23.5k)
Comparing the first quarter of 2021 and the third quarter of 2024, the main positive variations occurred in San Luis Potosí and Sinaloa with an increase of 4.93k (96.8%) and 3.54k (29.6%), respectively. On the other hand, the negative variations were accentuated in Jalisco and Guanajuato with a decrease of 10.3k (30%) and 9.97k (42.1%), respectively.
The states with the best average salaries for Herreros, Locksmiths, Jewelers and Craftsmen in the Manufacture of Metal during third quarter of 2024 were Baja California Sur ($16.3k MX), Nuevo León ($13.5k MX), and Quintana Roo ($12.8k MX)
Comparing the first quarter of 2021 and the third quarter of 2024, the positive salary growth was higher in Tlaxcala and Nuevo León with an increase of $4.38k MX (89.1%) and $4.32k MX (47.2%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Guerrero and Sinaloa with a decrease of $4.4k MX (43.1%) and $3.05k MX (25.1%), respectively.
Average Age 2024-Q3: 46.1, Men
At third quarter of 2024, the male workforce in Herreros, Locksmiths, Jewelers and Craftsmen in the Manufacture of Metal represented the 98.4% of the employed population and women 1.55%. The male workforce was higher in the age group of 35 to 44 years (83.8k), while the female workforce was higher in the age group of 45 to 54 years (2.45k).
The highest average salary was $8.16k MX received by men from 35 to 44 years, while the lowest average salary was $5.46k MX received by men 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): 9.18, Men
During the third quarter of 2024, male and female workforce in Herreros, Locksmiths, Jewelers and Craftsmen in the Manufacture of Metal was concentrated in the educational segment with 7 to 9 years of schooling (153k men and 1.84k women).
The highest average salary was $8.1k MX received by men with 13 to 15 years of schooling, while the lowest average salary was $6.41k MX received by men with 0 to 3 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 Herreros, Locksmiths, Jewelers and Craftsmen in the Manufacture of Metal in different industries and economic sectors.
At third quarter of 2024, the workforce was higher in Electronic and Precision Equipment Repair and Maintenance (42.1%), Residential Building Construction (22.5%), and Retail Trade of Hardware and Glass (10.4%).
In the same period, the best average salaries were received in Repair and Maintenance of Automobiles and Trucks ($15.2k MX), Residential Building Construction ($14k MX), and Foundations, Prefabricated Structures Assembly and Exterior Construction Works ($11.4k MX).
Labor Informality 2024-Q3
During the third quarter of 2024, the labor informality of Herreros, Locksmiths, Jewelers and Craftsmen in the Manufacture of Metal reached a 75.3%, which implied an increase from 5.21 percentage points compared to the second quarter of 2024 (70.1%).
The labor informality of this occupation was higher than informality at the country level in 20.6 percentage points during the third quarter of 2024.
At third quarter of 2024, the states with the highest rate of labor informality in Herreros, Locksmiths, Jewelers and Craftsmen in the Manufacture of Metal were Tlaxcala (95.8%), Morelos (94.6%), and Veracruz de Ignacio de la Llave (94.3%).
The states with the lowest informality rate were Sinaloa (57.1%), Nuevo León (50.6%), and Chihuahua (34.4%).
The workforce of Herreros, Locksmiths, Jewelers and Craftsmen in the Manufacture of Metal during the third quarter of 2024 was higher in the age group with 35 to 44 years concentrating 84.4k workers of which 27.2% corresponds to formal employment (23k) and 72.8% to informal employment (61.4k).
Regarding the schooling years, the workforce was higher in the range with 7 to 9 years of schooling concentrating 155k workers of which 27% corresponds to formal employment (41.8k) and 73% corresponds to informal employment (113k).