Industry Group (5613)
2024-Q2: $289B MX, Gross Domestic Product
DENUE May 2024: 3,321, Economic units
Jan-Jun 2024: US$5.85M, Foreign Direct Investment
2024-Q2 : $5.64k MX, Average Monthly Salary
2024-Q2 : 946k, Workforce
2024-Q2 : 46.2%, Female Workforce
2024-Q2: 45.1, Average Age
In the second quarter of 2024 the gross domestic product was $289B MX, 8.56% more than the previous quarter.
According DENUE 2024, Employment Services registered 3,321 economic units. The states with the highest number of economic units were Ciudad de México (625), Nuevo León (353), and Jalisco (281).
According to data from the Economic Census 2019, total gross production was $295B MX. The states with the highest total gross production were Ciudad de México ($90.3B MX) and Nuevo León ($30.2B MX).
For its part, total income reached $297B MX in 2019, being the states with the highest income Ciudad de México ($91.3B MX) and Nuevo León ($30.4B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Employment Services the states with the highest affinity were Nuevo León (0.78), Chihuahua (0.76), Coahuila de Zaragoza (0.71), Baja California (0.71), and Sonora (0.71).
During the second quarter of 2024 in Employment Services the workforce was 946k people, 53.8% men and 46.2% women. In addition, the average monthly salary informed was $5.64k MX.
During the same period, occupations with the highest number of workers in Employment Services were Sweepers and Janitors (Except Hotels and Restaurants), Gardeners in Private Homes, and Gardeners in Stores.
At the state level, the occupied population of Employment Services was concentrated in List Ciudad de México,Estado de México,Nuevo León.
The average age of workers in Employment Services in the second quarter of 2024 was 45.1 years. In the same period, the average schooling of the workforce of Employment Services, was 8.83 years.
Average Monthly Salary 2024-Q2: $5.64k MX
Working population 2024-Q2: 946k
In the second quarter of 2024, the workforce in Employment Services it was of 946k people, 53.8% men with a reported average monthly salary of $5.98k MX and 46.2% women with a salary of $5.25k MX.
Of the total employed population, 59.7% of the total workforce were formal workers with an average monthly salary of $6.12k MX, while he 40.3% corresponds to informal workers with an average salary of $4.92k MX.
In the second quarter of 2024 the occupations with the highest number of workers were Sweepers and Janitors (Except Hotels and Restaurants), Gardeners in Private Homes, and Gardeners in Stores.
At the state level, the workforce of Employment Services was concentrated on Ciudad de México, Estado de México, and Nuevo León.
Gross domestic product 2024-Q2: $289B MX
Gross Domestic Product 2023: $270B MX
* Data displayed corresponds to the sector Administrative and Support and Waste Management and Remediation Services since the information at lower levels of disaggregation is not available.
In the second quarter of 2024, Administrative and Support and Waste Management and Remediation Services recorded a gross domestic product of $289B MX, evidencing an increase of 8.56% compared to the previous quarter and an increase of 13.4% compared to the same period of the previous year.
* Current values, at current prices, base year 2013. Excludes taxes on products.
According to data from the Economic Census 2019, 4,344 economic units were totaled in Employment Services, highlighting Ciudad de México (820), Nuevo León (393), and Estado de México (321).
Total gross production was $295B MX. The states with the highest total gross production were Ciudad de México ($90.3B MX) and Nuevo León ($30.2B MX).
Total income reached $297B MX in 2019, being the states with the highest income Ciudad de México ($91.3B MX) and Nuevo León ($30.4B MX).
* It is recommended to consider the values as approximations of the real value because some records have been anonymized due to confidentiality principles.
According to dato from Economic Census 2014, Employment Services had a total of 9,156 economic units and the municipalities with the highest number of economic units were Guadalajara (582), Monterrey (579), and Cuauhtémoc (534)
Total income eached $480B MX and the municipalities with the highest income were Miguel Hidalgo ($128B MX), Azcapotzalco ($84B MX), and Monterrey ($28.9B MX).
Total expenditures were $104B MX and the municipalities with the highest expenditures were Miguel Hidalgo ($35.4B MX), Azcapotzalco ($11.2B MX), and Cuajimalpa de Morelos ($4.66B MX).
On the other hand, in 2014 there were 2545137 employees dependent on economic units and the municipalities with the highest number of employees were Azcapotzalco (672k), Álvaro Obregón (208k), and Monterrey (188k).
* Any inconsistency between the data at the state and municipal level is due to the anonymization methodologies applied to the data, also municipalities not shown in the visualization have been anonymized.
The visualization shows the number of economic units in Employment Services according to the number of employees.
According to DENUE data published in May 2024, 1,698 companies with 0 to 10 employees were registered (equal number of companies as the previous period). In the same period, 777 companies with 11 to 50 employees were registered (16 companies less than the previous period).
161 companies with 51 to 100 employees were registered in 2024 (60 companies less than the previous period). Likewise, 685 companies with more than 101 employees were registered (228 companies less than the previous period).
Source National Statistical Directory of Economic Units (DENUE)
In the period January to June 2024, FDI from Employment Services was US$5.85M, distributed in inter-company debts (US$3.39M), reinvestment of earnings (Confidential), and equity Capital (US$0).
Since January 1999 to June 2024, the accumulated amount of FDI in Employment Services was US$280M, distributed in inter-company debts (US$160M), equity Capital (US$108M), and reinvestment of earnings (US$12.5M).
* Confidential data is not shown in the chart (see information icon in the section).
Period Jan-Jun 2024: US$0
Period Jan-1999 to Jun-2024: US$108M, Tamaulipas is the main receiving state
No FDI is recorded in the period January to June, 2024
Historically (from January 1999 to June2024) the states that have received the highest FDI are Tamaulipas (US$108M), Mexico City (US$66.9M), and Baja California (US$53.8M).
* Information download does not contain confidential data.
Periodo Jan-Jun 2024: ---, US$0
Main investing country between Jan-1999 and Jun-2024: United States, US$242M
No FDI is recorded in the period January to June of 2024.
Historically (from January 1999 to June de 2024) the countries that contributed the most to FDI were Germany (Confidential) and United States (Confidential).
* Information download does not contain confidential data.
As of May 2021, the states with the highest degree of specialization in Employment Services were Ciudad de México (2.21). The degree of specialization is measured using the RCA index, which represents the ratio between the observed and expected establishments of each state for each industry.
The states with the highest degree of development opportunity in Employment Services according to Relatedness were Colima (0.53), Tamaulipas (0.5), and Durango (0.46). The Relatedness measures the distance between an industry and the current industrial composition in each state. The presented entities register a level of specialization lower than one unit (RCA <1).
Average Age 2024-Q2: 45.1
Average Years of Schooling 2024-Q2: 8.83
The visualization shows the workforce of Employment Services by age group and years of schooling, comparing men and women.
In the second quarter of 2024 in Employment Services the average age for women was 45.8 years and the average schooling was 8.66 years.
The average age of men in the Employment Services workforce was 44.5 years, while the average schooling was 8.97 years during second quarter of 2024.
* The visualization omits the range of schooling "Not Specified".