ProceduresGovernment

Workers in Preparing Fibers and Yarns

Occupation (7331) - 2024-Q2

  • 4.06k, Workforce
  • $3.94k MX, Average monthly salary
  • 49.3, Average age
  • 32.4, Weekly hours worked
  • 6.06, Weekly days worked
  • 7.91%, Workforce with second job
  • 92.8%, Informal Workforce
  • 5.81, Average years of Schooling

About Workers in Preparing Fibers and Yarns

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The workforce of Workers in Preparing Fibers and Yarns during second quarter of 2024 was 4.06k people, whose salary averaged $3.94k MX working around 32.4 hours per week.

The average age of Workers in Preparing Fibers and Yarns was 49.3 years. The workforce was distributed in 80.6% men with an average salary of $4.59k MX and, 19.4% women with average salary of $1.22k MX.

The best average salaries received by Workers in Preparing Fibers and Yarns were in Oaxaca ($8.6k MX), Coahuila de Zaragoza ($5.01k MX), and Campeche ($4.3k MX) while the workforce was larger in Coahuila de Zaragoza (2.48k), Guerrero (419), and Quintana Roo (372).

In terms of industries, the best average salaries were in Electronic and Precision Equipment Repair and Maintenance ($4.3k MX), while the workforce was concentrated on Electronic and Precision Equipment Repair and Maintenance (98).

20.9% of the total informal workers correspond to women with an average salary of $1.22k MX and 79.1% to men with an average salary of $4.15k MX.

At the level of states, Yucatán had the highest percentage of informal workers with 100% corresponding to 283 from 283 workers, while the state with the lowest percentage of informal workers was Coahuila de Zaragoza with a 88.2% corresponding to 2.19k from 2.48k workers.

Workforce and Salaries Evolution

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  • 4.06k, Workforce 2024-Q2
  • $3.94k MX, Average monthly salary 2024-Q2

At second quarter of 2024, the people who worked as Workers in Preparing Fibers and Yarns were 4.06k being a 6.8% lower than the first quarter of 2024. (4.35k).

In the same period, an average salary of $3.94k MX was observed, registering a drop of 7.19%, compared to the first quarter of 2024 ($4.24k MX).

Workforce by State

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The states with the highest number of Workers in Preparing Fibers and Yarns during the second quarter of 2024 were Coahuila de Zaragoza (2.48k), Guerrero (419), and Quintana Roo (372)

The variations between the first quarter of 2020 and the second quarter of 2024 were negative for all the states, highlighting Oaxaca and Coahuila de Zaragoza with decreases of -272 (64.6%) and -35 (1.39%), respectively.

Salaries by State

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The states with the best average salaries for Workers in Preparing Fibers and Yarns during second quarter of 2024 were Oaxaca ($8.6k MX), Coahuila de Zaragoza ($5.01k MX), and Campeche ($4.3k MX)

The salary variations between the first quarter of 2021 and the second quarter of 2024 were positive for all the states, highlighting Oaxaca and Coahuila de Zaragoza with increases of $6.6k MX (330%) and $1.55k MX (44.6%), respectively.

Workforce and Salaries Distribution by Industries

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The visualization shows the distribution of Workers in Preparing Fibers and Yarns in different industries and economic sectors.

At second quarter of 2024, the workforce was higher in Electronic and Precision Equipment Repair and Maintenance (100%).

In the same period, the best average salaries were received in Electronic and Precision Equipment Repair and Maintenance ($4.3k MX).

Labor Informality

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Labor Informality

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Labor Informality 2024-Q2

  • 92.8%, Workers in Preparing Fibers and Yarns
  • 54.3%, Average Informality in Mexico

During the second quarter of 2024, the labor informality of Workers in Preparing Fibers and Yarns reached a 92.8%, which implied a decrease from 7.2 percentage points compared to the first quarter of 2024  (100%).

The labor informality of this occupation was higher than informality at the country level in 38.5 percentage points during the second quarter of 2024.

Labor Informality by State

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Greater Labor Informality: 100%, Yucatán

Less Labor Informality: 88.2 %, Coahuila de Zaragoza

At second quarter of 2024, the states with the highest rate of labor informality in Workers in Preparing Fibers and Yarns were Yucatán (100%), San Luis Potosí (100%), and Quintana Roo (100%).

The states with the lowest informality rate were Campeche (100%), Aguascalientes (100%), and Coahuila de Zaragoza (88.2%).

Labor Informality by Age and Education

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Workforce

The workforce of Workers in Preparing Fibers and Yarns during the second quarter of 2024 was higher in the age group with 45 to 54 years concentrating 1.26k workers of which 100% corresponds to informal employment (1.26k) and 23.7% to formal employment (292).

Regarding the schooling years, the workforce was higher in the range with 4 to 6 years of schooling concentrating 2.01k workers of which 100%  corresponds to informal employment (2.01k) and 100% corresponds to informal employment (1.02k).