Occupation (2253) - 2024-Q2
The workforce of Industrial Engineers during second quarter of 2024 was 99.4k people, whose salary averaged $9.23k MX working around 42 hours per week.
The average age of Industrial Engineers was 34.4 years. The workforce was distributed in 74.4% men with an average salary of $9.29k MX and, 25.6% women with average salary of $9.04k MX.
The best average salaries received by Industrial Engineers were in Michoacán de Ocampo ($41k MX), Coahuila de Zaragoza ($23.5k MX), and Quintana Roo ($19.4k MX) while the workforce was larger in Baja California (12.1k), Estado de México (10.8k), and Chihuahua (10.5k).
In terms of industries, the best average salaries were in Nonmetallic Ore Mining ($30k MX), Accounting, Auditing and Related Services ($18k MX), and Metallic Ore Mining ($14k MX), while the workforce was concentrated on Legal Services (16.4k), Electronic and Precision Equipment Repair and Maintenance (7.04k), and Electric Power Generation, Transmission, Distribution and Commercialization (3.55k).
44.3% of the total informal workers correspond to women with an average salary of $2.37k MX and 55.7% to men with an average salary of $12.5k MX.
At the level of states, Michoacán de Ocampo had the highest percentage of informal workers with 54.2% corresponding to 182 from 336 workers, while the state with the lowest percentage of informal workers was Querétaro with a 1.04% corresponding to 52 from 5.01k workers.
At second quarter of 2024, the people who worked as Industrial Engineers were 99.4k being a 0.38% higher than the first quarter of 2024. (99k).
In the same period, an average salary of $9.23k MX was observed, registering a drop of 11.2%, compared to the first quarter of 2024 ($10.4k MX).
The states with the highest number of Industrial Engineers during the second quarter of 2024 were Baja California (12.1k), Estado de México (10.8k), and Chihuahua (10.5k)
Comparing the first quarter of 2021 and the second quarter of 2024, the main positive variations occurred in Chihuahua and Nuevo León with an increase of 2.53k (31.7%) and 2.13k (26.8%), respectively. On the other hand, the negative variations were accentuated in Sonora and Baja California with a decrease of 3.76k (52.5%) and 1.89k (13.5%), respectively.
The states with the best average salaries for Industrial Engineers during second quarter of 2024 were Michoacán de Ocampo ($41k MX), Coahuila de Zaragoza ($23.5k MX), and Quintana Roo ($19.4k MX)
Comparing the first quarter of 2021 and the second quarter of 2024, the positive salary growth was higher in Michoacán de Ocampo and Zacatecas with an increase of $23.8k MX (138%) and $11.9k MX (436%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Veracruz de Ignacio de la Llave and Baja California Sur with a decrease of $25.3k MX (96.1%) and $20.5k MX (55.8%), respectively.
Average Age 2024-Q2
At second quarter of 2024, the male workforce in Industrial Engineers represented the 74.4% of the employed population and women 25.6%. The male and female workforce was higher in the age group 25 to 34 years (38.5k men and 12.1k women).
The highest average salary was $10.5k MX received by men from 35 to 44 years, while the lowest average salary was $7.18k MX received by women from 25 to 34 years.
* The data regarding salaries have low statistical precision so it should not be used as conclusions.
Average Schooling in Years (2024-Q2)
During the second quarter of 2024, male and female workforce in Industrial Engineers was concentrated in the educational segment with 16 to 18 years of schooling (70.8k men and 22.2k women).
The highest average salary was $10k MX received by women with 16 to 18 years of schooling, while the lowest average salary was $9.18k 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 Industrial Engineers in different industries and economic sectors.
At second quarter of 2024, the workforce was higher in Legal Services (46.2%), Electronic and Precision Equipment Repair and Maintenance (19.8%), and Electric Power Generation, Transmission, Distribution and Commercialization (9.99%).
In the same period, the best average salaries were received in Nonmetallic Ore Mining ($30k MX), Accounting, Auditing and Related Services ($18k MX), and Metallic Ore Mining ($14k MX).
Labor Informality 2024-Q2
During the second quarter of 2024, the labor informality of Industrial Engineers reached a 6.11%, which implied an increase from 0.47 percentage points compared to the first quarter of 2024 (5.64%).
The labor informality of this occupation was lower than informality at the country level in 48.1 percentage points during the second quarter of 2024.
Greater Labor Informality: 54.2%, Michoacán de Ocampo
Less Labor Informality: 1.04 %, Querétaro
At second quarter of 2024, the states with the highest rate of labor informality in Industrial Engineers were Michoacán de Ocampo (54.2%), Tabasco (49.4%), and Ciudad de México (29%).
The states with the lowest informality rate were Baja California (1.61%), Coahuila de Zaragoza (1.3%), and Querétaro (1.04%).
The workforce of Industrial Engineers during the second quarter of 2024 was higher in the age group with 25 to 34 years concentrating 50.6k workers of which 97.3% corresponds to formal employment (49.3k) and 2.74% to informal employment (1.39k).
Regarding the schooling years, the workforce was higher in the range with 16 to 18 years of schooling concentrating 93.1k workers of which 95.9% corresponds to formal employment (89.2k) and 4.12% corresponds to informal employment (3.84k).