Subgroup (721) - 2024-Q3
The workforce of Molders, Welders, Painters and Metal Tinkers during third quarter of 2024 was 378k people, whose salary averaged $8.3k MX working around 46.2 hours per week.
The average age of Molders, Welders, Painters and Metal Tinkers was 42 years. The workforce was distributed in 97.2% men with an average salary of $8.3k MX and, 2.83% women with average salary of $8.21k MX.
The best average salaries received by Molders, Welders, Painters and Metal Tinkers were in Baja California ($17.2k MX), Campeche ($12.9k MX), and Nayarit ($12.2k MX) while the workforce was larger in Estado de México (57.2k), Nuevo León (36.6k), and Jalisco (26.7k).
In terms of industries, the best average salaries were in Residential Building Construction ($17.1k MX), General Public Administration ($16k MX), and Waste Collection ($15.1k MX), while the workforce was concentrated on Repair and Maintenance of Automobiles and Trucks (299k), Electronic and Precision Equipment Repair and Maintenance (34.8k), and Foundations, Prefabricated Structures Assembly and Exterior Construction Works (14.9k).
2.08% of the total informal workers correspond to women with an average salary of $4.68k MX and 97.9% to men with an average salary of $7.01k MX.
At the level of states, Guerrero had the highest percentage of informal workers with 74.1% corresponding to 4.1k from 5.53k workers, while the state with the lowest percentage of informal workers was Querétaro with a 27.5% corresponding to 2.33k from 8.46k workers.
At third quarter of 2024, the people who worked as Molders, Welders, Painters and Metal Tinkers were 378k being a 2.14% higher than the second quarter of 2024. (370k).
In the same period, an average salary of $8.3k MX was observed, registering an increase of 5.72%, compared to the second quarter of 2024 ($7.85k MX).
The states with the highest number of Molders, Welders, Painters and Metal Tinkers during the third quarter of 2024 were Estado de México (57.2k), Nuevo León (36.6k), and Jalisco (26.7k)
Comparing the first quarter of 2021 and the third quarter of 2024, the main positive variations occurred in Guanajuato and Chihuahua with an increase of 11.4k (83.1%) and 6.01k (52.1%), respectively. On the other hand, the negative variations were accentuated in Sonora and Baja California with a decrease of 4.96k (29.5%) and 3.69k (18.5%), respectively.
The states with the best average salaries for Molders, Welders, Painters and Metal Tinkers during third quarter of 2024 were Baja California ($17.2k MX), Campeche ($12.9k MX), and Nayarit ($12.2k MX)
Comparing the first quarter of 2021 and the third quarter of 2024, the positive salary growth was higher in Baja California and Colima with an increase of $7.61k MX (79.7%) and $4.16k MX (57.4%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Campeche and Baja California Sur with a decrease of $4.48k MX (25.8%) and $3.93k MX (31.3%), respectively.
Average Age 2024-Q3: 42.2, Men
At third quarter of 2024, the male workforce in Molders, Welders, Painters and Metal Tinkers represented the 97.2% of the employed population and women 2.83%. The male and female workforce was higher in the age group 35 to 44 years (93k men and 3.84k women).
The highest average salary was $9.45k MX received by men from 35 to 44 years, while the lowest average salary was $3.63k 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-Q3): 9.4, Men
At third 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 (161k), while the female workforce was higher in the educational segment with 4 to 6 years of schooling (3.92k).
The highest average salary was $9.34k MX received by men with 10 to 12 years of schooling, while the lowest average salary was $5.48k 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 third quarter of 2024, the workforce was higher in Repair and Maintenance of Automobiles and Trucks (76.1%), Electronic and Precision Equipment Repair and Maintenance (8.88%), and Foundations, Prefabricated Structures Assembly and Exterior Construction Works (3.8%).
In the same period, the best average salaries were received in Residential Building Construction ($17.1k MX), General Public Administration ($16k MX), and Waste Collection ($15.1k MX).
Labor Informality 2024-Q3
During the third quarter of 2024, the labor informality of Molders, Welders, Painters and Metal Tinkers reached a 48.9%, which implied an increase from 1.71 percentage points compared to the second quarter of 2024 (47.2%).
The labor informality of this occupation was lower than informality at the country level in 5.76 percentage points during the third quarter of 2024.
At third quarter of 2024, the states with the highest rate of labor informality in Molders, Welders, Painters and Metal Tinkers were Guerrero (74.1%), Michoacán de Ocampo (72.3%), and Chiapas (68.1%).
The states with the lowest informality rate were Nayarit (28.8%), Chihuahua (28.7%), and Querétaro (27.5%).
The workforce of Molders, Welders, Painters and Metal Tinkers during the third quarter of 2024 was higher in the age group with 35 to 44 years concentrating 96.8k workers of which 63.1% corresponds to formal employment (61.1k) and 36.9% to informal employment (35.8k).
Regarding the schooling years, the workforce was higher in the range with 7 to 9 years of schooling concentrating 164k workers of which 49.4% corresponds to formal employment (81.1k) and 50.6% corresponds to informal employment (83k).