Subgroup (112) - 2024-Q2
The workforce of Presidents and Ceos during second quarter of 2024 was 73.4k people, whose salary averaged $17.9k MX working around 41.6 hours per week.
The average age of Presidents and Ceos was 45.7 years. The workforce was distributed in 74.1% men with an average salary of $19.8k MX and, 25.9% women with average salary of $12.6k MX.
The best average salaries received by Presidents and Ceos were in Coahuila de Zaragoza ($48.3k MX), Michoacán de Ocampo ($42.3k MX), and Quintana Roo ($34.6k MX) while the workforce was larger in Ciudad de México (16k), Jalisco (9.79k), and Querétaro (7.83k).
In terms of industries, the best average salaries were in Employment Services ($118k MX), Rental of Household and Personal Goods ($70k MX), and Building Installations and Equipmen ($55k MX), while the workforce was concentrated on Legal Services (13.4k), Justice Administration and Security and Public Order Preservation (12.1%), and Retail Trade of Health Care Items (4.72k).
81.2% of the total informal workers correspond to women with an average salary of $13.9k MX and 18.8% to men with an average salary of $1.38k MX.
At the level of states, Nayarit had the highest percentage of informal workers with 100% corresponding to 97 from 97 workers, while the state with the lowest percentage of informal workers was Querétaro with a 1.33% corresponding to 104 from 7.83k workers.
At second quarter of 2024, the people who worked as Presidents and Ceos were 73.4k being a 12.2% lower than the first quarter of 2024. (83.6k).
In the same period, an average salary of $17.9k MX was observed, registering an increase of 61.3%, compared to the first quarter of 2024 ($11.1k MX).
The states with the highest number of Presidents and Ceos during the second quarter of 2024 were Ciudad de México (16k), Jalisco (9.79k), and Querétaro (7.83k)
Comparing the first quarter of 2021 and the second quarter of 2024, the main positive variations occurred in Nuevo León and Jalisco with an increase of 1.92k (47.9%) and 1.73k (21.5%), respectively. On the other hand, the negative variations were accentuated in Ciudad de México and Sonora with a decrease of 10.7k (40%) and 1.91k (83.4%), respectively.
The states with the best average salaries for Presidents and Ceos during second quarter of 2024 were Coahuila de Zaragoza ($48.3k MX), Michoacán de Ocampo ($42.3k MX), and Quintana Roo ($34.6k MX)
Comparing the first quarter of 2021 and the second quarter of 2024, the positive salary growth was higher in Michoacán de Ocampo and Ciudad de México with an increase of $27.3k MX (183%) and $21.5k MX (198%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Oaxaca and Tamaulipas with a decrease of $28k MX (100%) and $27.1k MX (60.1%), respectively.
Average Age 2024-Q2: 46.1, Men
At second quarter of 2024, the male workforce in Presidents and Ceos represented the 74.1% of the employed population and women 25.9%. The male workforce was higher in the age group of 45 to 54 years (14.7k), while the female workforce was higher in the age group of 35 to 44 years (7.58k).
The highest average salary was $26.1k MX received by men from 35 to 44 years, while the lowest average salary was $15.7k 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)
During the second quarter of 2024, male and female workforce in Presidents and Ceos was concentrated in the educational segment with 16 to 18 years of schooling (43.8k men and 12.2k women).
The highest average salary was $20.2k MX received by men with 16 to 18 years of schooling, while the lowest average salary was $17.8k MX received by women 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 Presidents and Ceos in different industries and economic sectors.
At second quarter of 2024, the workforce was higher in Legal Services (19.5%), Justice Administration and Security and Public Order Preservation (12.1%), and Retail Trade of Health Care Items (6.86%).
In the same period, the best average salaries were received in Employment Services ($118k MX), Rental of Household and Personal Goods ($70k MX), and Building Installations and Equipmen ($55k MX).
Labor Informality 2024-Q2
During the second quarter of 2024, the labor informality of Presidents and Ceos reached a 10.3%, which implied a decrease from 2.85 percentage points compared to the first quarter of 2024 (13.2%).
The labor informality of this occupation was lower than informality at the country level in 44 percentage points during the second quarter of 2024.
At second quarter of 2024, the states with the highest rate of labor informality in Presidents and Ceos were Nayarit (100%), Veracruz de Ignacio de la Llave (83.5%), and Quintana Roo (70.9%).
The states with the lowest informality rate were Jalisco (7.69%), Yucatán (7.6%), and Querétaro (1.33%).
The workforce of Presidents and Ceos during the second quarter of 2024 was higher in the age group with 35 to 44 years concentrating 20k workers of which 74.5% corresponds to formal employment (14.9k) and 25.5% to informal employment (5.09k).
Regarding the schooling years, the workforce was higher in the range with 16 to 18 years of schooling concentrating 56k workers of which 91.9% corresponds to formal employment (51.5k) and 8.13% corresponds to informal employment (4.56k).