Subgroup (721) - 2024-Q2
The workforce of Molders, Welders, Painters and Metal Tinkers during second quarter of 2024 was 370k people, whose salary averaged $7.85k MX working around 45.1 hours per week.
The average age of Molders, Welders, Painters and Metal Tinkers was 41.4 years. The workforce was distributed in 97.9% men with an average salary of $7.93k MX and, 2.11% women with average salary of $4.34k MX.
The best average salaries received by Molders, Welders, Painters and Metal Tinkers were in Campeche ($17.4k MX), Quintana Roo ($12.6k MX), and Baja California Sur ($12.6k MX) while the workforce was larger in Estado de México (60.1k), Nuevo León (38.7k), and Veracruz de Ignacio de la Llave (25.3k).
In terms of industries, the best average salaries were in Water Collection, Treatment and Supply ($21.5k MX), Building Installations and Equipmen ($16.6k MX), and Building Installations and Equipment ($16.6k MX), while the workforce was concentrated on Repair and Maintenance of Automobiles and Trucks (294k), Electronic and Precision Equipment Repair and Maintenance (43.8k), and Services Related to Rail Transportation (8.23k).
1.85% of the total informal workers correspond to women with an average salary of $1.48k MX and 98.2% to men with an average salary of $6.75k MX.
At the level of states, Chiapas had the highest percentage of informal workers with 83.8% corresponding to 5.79k from 6.9k workers, while the state with the lowest percentage of informal workers was Coahuila de Zaragoza with a 18.6% corresponding to 2.09k from 11.3k workers.
At second quarter of 2024, the people who worked as Molders, Welders, Painters and Metal Tinkers were 370k being a 1.99% higher than the first quarter of 2024. (363k).
In the same period, an average salary of $7.85k MX was observed, registering a drop of 4.46%, compared to the first quarter of 2024 ($8.22k MX).
The states with the highest number of Molders, Welders, Painters and Metal Tinkers during the second quarter of 2024 were Estado de México (60.1k), Nuevo León (38.7k), and Veracruz de Ignacio de la Llave (25.3k)
Comparing the first quarter of 2021 and the second quarter of 2024, the main positive variations occurred in Estado de México and Sonora with an increase of 13.6k (29.1%) and 2.99k (21.6%), respectively. On the other hand, the negative variations were accentuated in Guanajuato and Hidalgo with a decrease of 11.6k (45.8%) and 5.12k (39.1%), respectively.
The states with the best average salaries for Molders, Welders, Painters and Metal Tinkers during second quarter of 2024 were Campeche ($17.4k MX), Quintana Roo ($12.6k MX), and Baja California Sur ($12.6k MX)
Comparing the first quarter of 2021 and the second quarter of 2024, the positive salary growth was higher in Quintana Roo and Baja California Sur with an increase of $3.16k MX (33.4%) and $3.04k MX (32%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Oaxaca and Chihuahua with a decrease of $4.27k MX (46.2%) and $3.04k MX (29.6%), respectively.
Average Age 2024-Q2: 41.5, Men
At second quarter of 2024, the male workforce in Molders, Welders, Painters and Metal Tinkers represented the 97.9% of the employed population and women 2.11%. The male workforce was higher in the age group of 45 to 54 years (83.1k), while the female workforce was higher in the age group of 25 to 34 years (4.03k).
The highest average salary was $8.57k MX received by men from 25 to 34 years, while the lowest average salary was $6.18k MX received by men from 65 to 74 years.
* The data regarding salaries have low statistical precision so it should not be used as conclusions.
Average Schooling in Years (2024-Q2): 9.52, Men
At second quarter of 2024 the male workforce in Molders, Welders, Painters and Metal Tinkers was higher in the educational segment with 7 to 9 years of schooling (146k), while the female workforce was higher in the educational segment with 10 to 12 years of schooling (3.99k).
The highest average salary was $8.43k MX received by men with 13 to 15 years of schooling, while the lowest average salary was $6.43k 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 Molders, Welders, Painters and Metal Tinkers in different industries and economic sectors.
At second quarter of 2024, the workforce was higher in Repair and Maintenance of Automobiles and Trucks (73.3%), Electronic and Precision Equipment Repair and Maintenance (10.9%), and Services Related to Rail Transportation (2.05%).
In the same period, the best average salaries were received in Water Collection, Treatment and Supply ($21.5k MX), Building Installations and Equipmen ($16.6k MX), and Building Installations and Equipment ($16.6k MX).
Labor Informality 2024-Q2
During the second quarter of 2024, the labor informality of Molders, Welders, Painters and Metal Tinkers reached a 47.2%, which implied a decrease from 1.53 percentage points compared to the first quarter of 2024 (48.7%).
The labor informality of this occupation was lower than informality at the country level in 7.09 percentage points during the second quarter of 2024.
Greater Labor Informality: 83.8%, Chiapas
Less Labor Informality: 18.6 %, Coahuila de Zaragoza
At second quarter of 2024, the states with the highest rate of labor informality in Molders, Welders, Painters and Metal Tinkers were Chiapas (83.8%), Baja California (63.3%), and Baja California Sur (60.8%).
The states with the lowest informality rate were Campeche (31.1%), Durango (28.1%), and Coahuila de Zaragoza (18.6%).
The workforce of Molders, Welders, Painters and Metal Tinkers during the second quarter of 2024 was higher in the age group with 45 to 54 years concentrating 85.2k workers of which 48.4% corresponds to formal employment (41.2k) and 51.6% to informal employment (44k).
Regarding the schooling years, the workforce was higher in the range with 7 to 9 years of schooling concentrating 148k workers of which 54.3% corresponds to formal employment (80.6k) and 45.7% corresponds to informal employment (67.8k).