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Jewelers, Goldsmiths, Goldsmiths and Metal Polishes

Occupation (7223) - 2024-Q3

  • 13.3k, Workforce
  • $6.18k MX, Average monthly salary
  • 45, Average age
  • 44.7, Weekly hours worked
  • 5.87, Weekly days worked
  • 80.7%, Informal Workforce
  • 10.2, Average years of Schooling

About Jewelers, Goldsmiths, Goldsmiths and Metal Polishes

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The workforce of Jewelers, Goldsmiths, Goldsmiths and Metal Polishes during third quarter of 2024 was 13.3k people, whose salary averaged $6.18k MX working around 44.7 hours per week.

The average age of Jewelers, Goldsmiths, Goldsmiths and Metal Polishes was 45 years. The workforce was distributed in 74.3% men with an average salary of $7.43k MX and, 25.7% women with average salary of $2.56k MX.

The best average salaries received by Jewelers, Goldsmiths, Goldsmiths and Metal Polishes were in Baja California Sur ($17.2k MX), Chiapas ($12.9k MX), and Nuevo León ($12.9k MX) while the workforce was larger in Jalisco (6.12k), Guerrero (2.37k), and Michoacán de Ocampo (1.16k).

In terms of industries, the best average salaries were in Retail Trade of Perfumery and Jewelry Products ($10.6k MX) and Electronic and Precision Equipment Repair and Maintenance ($4.92k MX), while the workforce was concentrated on Electronic and Precision Equipment Repair and Maintenance (2.88k), Retail Trade of Perfumery and Jewelry Products (2.13k), and Retail Trade of Recreational Goods (466).

26.5% of the total informal workers correspond to women with an average salary of $2.19k MX and 73.5% to men with an average salary of $8.37k MX.

At the level of states, Veracruz de Ignacio de la Llave had the highest percentage of informal workers with 100% corresponding to 77 from 77 workers, while the state with the lowest percentage of informal workers was Zacatecas with a 18% corresponding to 60 from 333 workers.

Workforce and Salaries Evolution

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  • 13.3k, Workforce 2024-Q3
  • $6.18k MX, Average monthly salary 2024-Q3

At third quarter of 2024, the people who worked as Jewelers, Goldsmiths, Goldsmiths and Metal Polishes were 13.3k being a 38.6% lower than the second quarter of 2024. (21.7k).

In the same period, an average salary of $6.18k MX was observed, registering an increase of 12.4%, compared to the second quarter of 2024 ($5.5k MX).

Workforce by State

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The states with the highest number of Jewelers, Goldsmiths, Goldsmiths and Metal Polishes during the third quarter of 2024 were Jalisco (6.12k), Guerrero (2.37k), and Michoacán de Ocampo (1.16k)

Comparing the first quarter of 2021 and the third quarter of 2024, the main positive variations occurred in Jalisco and Yucatán with an increase of 1.2k (24.4%) and 325 (280%), respectively. On the other hand, the negative variations were accentuated in Chiapas and Puebla with a decrease of 1.67k (95.6%) and 814 (60.7%), respectively.

Salaries by State

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The states with the best average salaries for Jewelers, Goldsmiths, Goldsmiths and Metal Polishes during third quarter of 2024 were Baja California Sur ($17.2k MX), Chiapas ($12.9k MX), and Nuevo León ($12.9k MX)

Comparing the first quarter of 2021 and the third quarter of 2024, the positive salary growth was higher in Baja California Sur and Chiapas with an increase of $10.8k MX (167%) and $6.67k MX (107%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Hidalgo and Morelos with a decrease of $24.5k MX (79.2%) and $8.6k MX (100%), respectively.

Workforce and Salaries Distribution by Industries

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The visualization shows the distribution of Jewelers, Goldsmiths, Goldsmiths and Metal Polishes in different industries and economic sectors.

At third quarter of 2024, the workforce was higher in Electronic and Precision Equipment Repair and Maintenance (52.6%), Retail Trade of Perfumery and Jewelry Products (38.9%), and Retail Trade of Recreational Goods (8.52%).

In the same period, the best average salaries were received in Retail Trade of Perfumery and Jewelry Products ($10.6k MX) and Electronic and Precision Equipment Repair and Maintenance ($4.92k MX).

Labor Informality

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Labor Informality

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Labor Informality 2024-Q3

  • 80.7%, Jewelers, Goldsmiths, Goldsmiths and Metal Polishes
  • 54.6%, Average Informality in Mexico

During the third quarter of 2024, the labor informality of Jewelers, Goldsmiths, Goldsmiths and Metal Polishes reached a 80.7%, which implied an increase from 14.3 percentage points compared to the second quarter of 2024  (66.4%).

The labor informality of this occupation was higher than informality at the country level in 26.1 percentage points during the third quarter of 2024.

Labor Informality by State

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Greater Labor Informality: 100%, Veracruz de Ignacio de la Llave

Less Labor Informality: 18 %, Zacatecas

At third quarter of 2024, the states with the highest rate of labor informality in Jewelers, Goldsmiths, Goldsmiths and Metal Polishes were Veracruz de Ignacio de la Llave (100%), Tlaxcala (100%), and Tamaulipas (100%).

The states with the lowest informality rate were Yucatán (76.2%), Sinaloa (59.2%), and Zacatecas (18%).

Labor Informality by Age and Education

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Workforce

The workforce of Jewelers, Goldsmiths, Goldsmiths and Metal Polishes during the third quarter of 2024 was higher in the age group with 35 to 44 years concentrating 4.73k workers of which 24.2% corresponds to formal employment (1.14k) and 75.8% to informal employment (3.58k).

Regarding the schooling years, the workforce was higher in the range with 7 to 9 years of schooling concentrating 5.38k workers of which 14.1%  corresponds to formal employment (757) and 85.9% corresponds to informal employment (4.62k).