Occupation (7412) - 2024-Q3
The workforce of Workers in the Preparation of Substances and Chemical Compounds during third quarter of 2024 was 23.4k people, whose salary averaged $5.78k MX working around 40.8 hours per week.
The average age of Workers in the Preparation of Substances and Chemical Compounds was 40.2 years. The workforce was distributed in 67.2% men with an average salary of $6.2k MX and, 32.8% women with average salary of $4.92k MX.
The best average salaries received by Workers in the Preparation of Substances and Chemical Compounds were in Nayarit ($14.2k MX), Tamaulipas ($9.49k MX), and Colima ($8.6k MX) while the workforce was larger in Estado de México (4.14k), Guanajuato (3.38k), and Veracruz de Ignacio de la Llave (2.04k).
In terms of industries, the best average salaries were in Retail Trade of Household Furniture and other Household Goods ($17.2k MX), Retail Trade of Automobiles and Pickup Trucks ($8.09k MX), and Retail Trade of Hardware and Glass ($3.18k MX), while the workforce was concentrated on Retail Trade of Hardware and Glass (5.4k), Retail Trade of Automobiles and Pickup Trucks (2.76k), and Electronic and Precision Equipment Repair and Maintenance (800).
51.5% of the total informal workers correspond to women with an average salary of $4.85k MX and 48.5% to men with an average salary of $5.54k MX.
At the level of states, Veracruz de Ignacio de la Llave had the highest percentage of informal workers with 100% corresponding to 2.04k from 2.04k workers, while the state with the lowest percentage of informal workers was Sinaloa with a 15.5% corresponding to 208 from 1.34k workers.
At third quarter of 2024, the people who worked as Workers in the Preparation of Substances and Chemical Compounds were 23.4k being a 6.89% higher than the second quarter of 2024. (21.9k).
In the same period, an average salary of $5.78k MX was observed, registering an increase of 41%, compared to the second quarter of 2024 ($4.1k MX).
The states with the highest number of Workers in the Preparation of Substances and Chemical Compounds during the third quarter of 2024 were Estado de México (4.14k), Guanajuato (3.38k), and Veracruz de Ignacio de la Llave (2.04k)
Comparing the first quarter of 2021 and the third quarter of 2024, the main positive variations occurred in Veracruz de Ignacio de la Llave and Guanajuato with an increase of 1.94k (1.96k%) and 1.5k (79.4%), respectively. On the other hand, the negative variations were accentuated in Nayarit and Guerrero with a decrease of 899 (86.9%) and 421 (81.7%), respectively.
The states with the best average salaries for Workers in the Preparation of Substances and Chemical Compounds during third quarter of 2024 were Nayarit ($14.2k MX), Tamaulipas ($9.49k MX), and Colima ($8.6k MX)
Comparing the first quarter of 2021 and the third quarter of 2024, the positive salary growth was higher in Hidalgo and Yucatán with an increase of $5.28k MX (397%) and $4.37k MX (437%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Baja California and Chihuahua with a decrease of $6.86k MX (48%) and $5.69k MX (56.9%), respectively.
The visualization shows the distribution of Workers in the Preparation of Substances and Chemical Compounds in different industries and economic sectors.
At third quarter of 2024, the workforce was higher in Retail Trade of Hardware and Glass (59.5%), Retail Trade of Automobiles and Pickup Trucks (30.4%), and Electronic and Precision Equipment Repair and Maintenance (8.82%).
In the same period, the best average salaries were received in Retail Trade of Household Furniture and other Household Goods ($17.2k MX), Retail Trade of Automobiles and Pickup Trucks ($8.09k MX), and Retail Trade of Hardware and Glass ($3.18k MX).
Labor Informality 2024-Q3
During the third quarter of 2024, the labor informality of Workers in the Preparation of Substances and Chemical Compounds reached a 57.9%, which implied a decrease from 3.39 percentage points compared to the second quarter of 2024 (61.3%).
The labor informality of this occupation was higher than informality at the country level in 3.24 percentage points during the third quarter of 2024.
Greater Labor Informality: 100%, Veracruz de Ignacio de la Llave
Less Labor Informality: 15.5 %, Sinaloa
At third quarter of 2024, the states with the highest rate of labor informality in Workers in the Preparation of Substances and Chemical Compounds were Veracruz de Ignacio de la Llave (100%), Tabasco (100%), and Oaxaca (100%).
The states with the lowest informality rate were Colima (23.8%), Baja California (22.8%), and Sinaloa (15.5%).
The workforce of Workers in the Preparation of Substances and Chemical Compounds during the third quarter of 2024 was higher in the age group with 45 to 54 years concentrating 6.77k workers of which 35.9% corresponds to formal employment (2.43k) and 64.1% to informal employment (4.34k).
Regarding the schooling years, the workforce was higher in the range with 10 to 12 years of schooling concentrating 6.19k workers of which 59.3% corresponds to formal employment (3.67k) and 40.7% corresponds to informal employment (2.52k).