Occupation (1122) - 2024-Q2
The workforce of Presidents and Ceos in Institutions and Private Companies during second quarter of 2024 was 66.9k people, whose salary averaged $18.3k MX working around 41.5 hours per week.
The average age of Presidents and Ceos in Institutions and Private Companies was 45.5 years. The workforce was distributed in 76.6% men with an average salary of $20.6k MX and, 23.4% women with average salary of $11k MX.
The best average salaries received by Presidents and Ceos in Institutions and Private Companies were in Coahuila de Zaragoza ($48.3k MX), Michoacán de Ocampo ($43.4k MX), and Ciudad de México ($32.3k MX) while the workforce was larger in Ciudad de México (16k), Jalisco (9.04k), and Querétaro (7.73k).
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 (13.1k), Retail Trade of Health Care Items (4.72k), and Laundries and Dry-Cleaning Shops (4.53k).
95.5% of the total informal workers correspond to women with an average salary of $7k MX and 4.5% to men with an average salary of $4.43k MX.
At the level of states, Tabasco had the highest percentage of informal workers with 44.1% corresponding to 116 from 263 workers, while the state with the lowest percentage of informal workers was Chiapas with a 2.87% corresponding to 32 from 1.12k workers.
At second quarter of 2024, the people who worked as Presidents and Ceos in Institutions and Private Companies were 66.9k being a 9.21% lower than the first quarter of 2024. (73.6k).
In the same period, an average salary of $18.3k MX was observed, registering an increase of 71.4%, compared to the first quarter of 2024 ($10.7k MX).
The states with the highest number of Presidents and Ceos in Institutions and Private Companies during the second quarter of 2024 were Ciudad de México (16k), Jalisco (9.04k), and Querétaro (7.73k)
Comparing the first quarter of 2021 and the second quarter of 2024, the main positive variations occurred in Jalisco and Nuevo León with an increase of 4.97k (122%) and 2.32k (64.5%), respectively. On the other hand, the negative variations were accentuated in Ciudad de México and Chiapas with a decrease of 10.7k (40%) and 1.44k (56.4%), respectively.
The states with the best average salaries for Presidents and Ceos in Institutions and Private Companies during second quarter of 2024 were Coahuila de Zaragoza ($48.3k MX), Michoacán de Ocampo ($43.4k MX), and Ciudad de México ($32.3k 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 $21.7k MX (100%) and $21.5k MX (198%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Sinaloa and Sonora with a decrease of $36.6k MX (69.5%) and $31.2k MX (100%), respectively.
Average Age 2024-Q2: 45.7, Men
At second quarter of 2024, the male workforce in Presidents and Ceos in Institutions and Private Companies represented the 76.6% of the employed population and women 23.4%. The male workforce was higher in the age group of 45 to 54 years (14.5k), while the female workforce was higher in the age group of 35 to 44 years (5.44k).
The highest average salary was $26.5k MX received by men from 35 to 44 years, while the lowest average salary was $25.2k MX received by men from 45 to 54 years.
* The data regarding salaries have low statistical precision so it should not be used as conclusions.
Average Schooling in Years (2024-Q2): 16.3, Men
During the second quarter of 2024, male and female workforce in Presidents and Ceos in Institutions and Private Companies was concentrated in the educational segment with 16 to 18 years of schooling (41.6k men and 9.7k women).
The highest average salary was $20.9k MX received by men with 16 to 18 years of schooling, while the lowest average salary was $20.9k 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 Presidents and Ceos in Institutions and Private Companies in different industries and economic sectors.
At second quarter of 2024, the workforce was higher in Legal Services (23.4%), Retail Trade of Health Care Items (8.47%), and Laundries and Dry-Cleaning Shops (8.14%).
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 in Institutions and Private Companies reached a 5.71%, which implied a decrease from 2.86 percentage points compared to the first quarter of 2024 (8.57%).
The labor informality of this occupation was lower than informality at the country level in 48.5 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 in Institutions and Private Companies were Tabasco (44.1%), Hidalgo (36.1%), and Estado de México (25.1%).
The states with the lowest informality rate were Baja California (20.2%), Yucatán (8.29%), and Chiapas (2.87%).
The workforce of Presidents and Ceos in Institutions and Private Companies during the second quarter of 2024 was higher in the age group with 35 to 44 years concentrating 17.6k workers of which 81.9% corresponds to formal employment (14.4k) and 18.1% to informal employment (3.18k).
Regarding the schooling years, the workforce was higher in the range with 16 to 18 years of schooling concentrating 51.3k workers of which 96.8% corresponds to formal employment (49.6k) and 3.19% corresponds to informal employment (1.64k).