Subgroup (722) - 2024-Q2
The workforce of Herreros, Locksmiths, Jewelers and Craftsmen in the Manufacture of Metal during second quarter of 2024 was 377k people, whose salary averaged $7.16k MX working around 42.5 hours per week.
The average age of Herreros, Locksmiths, Jewelers and Craftsmen in the Manufacture of Metal was 44 years. The workforce was distributed in 97.8% men with an average salary of $7.22k MX and, 2.2% women with average salary of $4.57k MX.
The best average salaries received by Herreros, Locksmiths, Jewelers and Craftsmen in the Manufacture of Metal were in Quintana Roo ($12.7k MX), Baja California Sur ($12.3k MX), and Sinaloa ($12.1k MX) while the workforce was larger in Estado de México (51.4k), Jalisco (34.3k), and Veracruz de Ignacio de la Llave (25.6k).
In terms of industries, the best average salaries were in General Public Administration ($21.5k MX), Residential Building Construction ($14.2k MX), and Metallic Ore Mining ($14.2k MX), while the workforce was concentrated on Electronic and Precision Equipment Repair and Maintenance (35.2k), Residential Building Construction (15.4k), and Retail Trade of Hardware and Glass (4.07k).
2.5% of the total informal workers correspond to women with an average salary of $4.62k MX and 97.5% to men with an average salary of $6.75k MX.
At the level of states, Oaxaca had the highest percentage of informal workers with 94.8% corresponding to 13.3k from 14.1k workers, while the state with the lowest percentage of informal workers was Quintana Roo with a 36% corresponding to 2.76k from 7.66k workers.
At second quarter of 2024, the people who worked as Herreros, Locksmiths, Jewelers and Craftsmen in the Manufacture of Metal were 377k being a 10.9% higher than the first quarter of 2024. (340k).
In the same period, an average salary of $7.16k MX was observed, registering a drop of 1.94%, compared to the first quarter of 2024 ($7.3k MX).
The states with the highest number of Herreros, Locksmiths, Jewelers and Craftsmen in the Manufacture of Metal during the second quarter of 2024 were Estado de México (51.4k), Jalisco (34.3k), and Veracruz de Ignacio de la Llave (25.6k)
Comparing the first quarter of 2021 and the second quarter of 2024, the main positive variations occurred in Estado de México and Michoacán de Ocampo with an increase of 8.23k (19%) and 5.82k (48.8%), respectively. On the other hand, the negative variations were accentuated in Nuevo León and Guerrero with a decrease of 3.3k (29.6%) and 2.68k (21%), respectively.
The states with the best average salaries for Herreros, Locksmiths, Jewelers and Craftsmen in the Manufacture of Metal during second quarter of 2024 were Quintana Roo ($12.7k MX), Baja California Sur ($12.3k MX), and Sinaloa ($12.1k MX)
Comparing the first quarter of 2021 and the second quarter of 2024, the positive salary growth was higher in Oaxaca and Quintana Roo with an increase of $4.46k MX (112%) and $3.28k MX (35%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Guanajuato and Querétaro with a decrease of $3.3k MX (42.4%) and $2.49k MX (53.9%), respectively.
Average Age 2024-Q2: 44.2, Men
At second quarter of 2024, the male workforce in Herreros, Locksmiths, Jewelers and Craftsmen in the Manufacture of Metal represented the 97.8% of the employed population and women 2.2%. The male workforce was higher in the age group of 45 to 54 years (84.7k), while the female workforce was higher in the age group of 15 to 24 years (2.64k).
The highest average salary was $8.12k MX received by men from 45 to 54 years, while the lowest average salary was $5.71k 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-Q2): 9.41, Men
At second quarter of 2024 the male workforce in Herreros, Locksmiths, Jewelers and Craftsmen in the Manufacture of Metal was higher in the educational segment with 7 to 9 years of schooling (151k), while the female workforce was higher in the educational segment with 10 to 12 years of schooling (2.88k).
The highest average salary was $10k MX received by men with 0 to 3 years of schooling, while the lowest average salary was $6.03k MX received by men 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 Herreros, Locksmiths, Jewelers and Craftsmen in the Manufacture of Metal in different industries and economic sectors.
At second quarter of 2024, the workforce was higher in Electronic and Precision Equipment Repair and Maintenance (51.7%), Residential Building Construction (22.5%), and Retail Trade of Hardware and Glass (5.97%).
In the same period, the best average salaries were received in General Public Administration ($21.5k MX), Residential Building Construction ($14.2k MX), and Metallic Ore Mining ($14.2k MX).
Labor Informality 2024-Q2
During the second quarter of 2024, the labor informality of Herreros, Locksmiths, Jewelers and Craftsmen in the Manufacture of Metal reached a 70.1%, which implied an increase from 1.32 percentage points compared to the first quarter of 2024 (68.7%).
The labor informality of this occupation was higher than informality at the country level in 15.8 percentage points during the second quarter of 2024.
Greater Labor Informality: 94.8%, Oaxaca
Less Labor Informality: 36 %, Quintana Roo
At second quarter of 2024, the states with the highest rate of labor informality in Herreros, Locksmiths, Jewelers and Craftsmen in the Manufacture of Metal were Oaxaca (94.8%), Morelos (94.4%), and Veracruz de Ignacio de la Llave (92.5%).
The states with the lowest informality rate were Chihuahua (46.1%), Aguascalientes (45.3%), and Quintana Roo (36%).
The workforce of Herreros, Locksmiths, Jewelers and Craftsmen in the Manufacture of Metal during the second quarter of 2024 was higher in the age group with 45 to 54 years concentrating 86.5k workers of which 24.5% corresponds to formal employment (21.2k) and 75.5% to informal employment (65.3k).
Regarding the schooling years, the workforce was higher in the range with 7 to 9 years of schooling concentrating 154k workers of which 30.1% corresponds to formal employment (46.3k) and 69.9% corresponds to informal employment (107k).