Occupation (3122) - 2024-Q2
The workforce of Collectors, Payers and Lenders during second quarter of 2024 was 90.5k people, whose salary averaged $7.31k MX working around 42 hours per week.
The average age of Collectors, Payers and Lenders was 37.6 years. The workforce was distributed in 53.6% men with an average salary of $8.75k MX and, 46.4% women with average salary of $5.66k MX.
The best average salaries received by Collectors, Payers and Lenders were in Tabasco ($38.5k MX), Baja California Sur ($15.3k MX), and Chiapas ($10.5k MX) while the workforce was larger in Ciudad de México (17k), Nuevo León (8.52k), and Veracruz de Ignacio de la Llave (7.78k).
In terms of industries, the best average salaries were in Retail Trade of Groceries and Food ($15.1k MX), Legal Services ($11.9k MX), and Retail Trade of Hardware and Glass ($11.7k MX), while the workforce was concentrated on Business Administration Services (21k), Multiple Banking (17.4k), and Financial Institutions for Economic Developmen (17k).
31.2% of the total informal workers correspond to women with an average salary of $5.87k MX and 68.8% to men with an average salary of $10.6k MX.
At the level of states, Puebla had the highest percentage of informal workers with 90.1% corresponding to 1.24k from 1.38k workers, while the state with the lowest percentage of informal workers was Tamaulipas with a 6.91% corresponding to 104 from 1.51k workers.
At second quarter of 2024, the people who worked as Collectors, Payers and Lenders were 90.5k being a 22.2% lower than the first quarter of 2024. (116k).
In the same period, an average salary of $7.31k MX was observed, registering an increase of 20.2%, compared to the first quarter of 2024 ($6.08k MX).
The states with the highest number of Collectors, Payers and Lenders during the second quarter of 2024 were Ciudad de México (17k), Nuevo León (8.52k), and Veracruz de Ignacio de la Llave (7.78k)
Comparing the first quarter of 2021 and the second quarter of 2024, the main positive variations occurred in Hidalgo and Ciudad de México with an increase of 3.28k (191%) and 2.77k (19.4%), respectively. On the other hand, the negative variations were accentuated in Estado de México and Guanajuato with a decrease of 13.9k (86.1%) and 5.08k (51.9%), respectively.
The states with the best average salaries for Collectors, Payers and Lenders during second quarter of 2024 were Tabasco ($38.5k MX), Baja California Sur ($15.3k MX), and Chiapas ($10.5k MX)
Comparing the first quarter of 2021 and the second quarter of 2024, the positive salary growth was higher in Tabasco and Baja California Sur with an increase of $31.6k MX (458%) and $6.16k MX (67.6%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Morelos and Nuevo León with a decrease of $9.21k MX (97.3%) and $6.15k MX (46.8%), respectively.
Average Age 2024-Q2
At second quarter of 2024, the male workforce in Collectors, Payers and Lenders represented the 53.6% of the employed population and women 46.4%. The male workforce was higher in the age group of 35 to 44 years (13.2k), while the female workforce was higher in the age group of 25 to 34 years (11.9k).
The highest average salary was $13.2k MX received by men from 15 to 24 years, while the lowest average salary was $5k MX received by women 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)
During the second quarter of 2024, male and female workforce in Collectors, Payers and Lenders was concentrated in the educational segment with 10 to 12 years of schooling (23k men and 19.6k women).
The highest average salary was $11.2k MX received by men with 16 to 18 years of schooling, while the lowest average salary was $2.64k MX received by women with 7 to 9 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 Collectors, Payers and Lenders in different industries and economic sectors.
At second quarter of 2024, the workforce was higher in Business Administration Services (16.5%), Multiple Banking (13.7%), and Financial Institutions for Economic Developmen (13.3%).
In the same period, the best average salaries were received in Retail Trade of Groceries and Food ($15.1k MX), Legal Services ($11.9k MX), and Retail Trade of Hardware and Glass ($11.7k MX).
Labor Informality 2024-Q2
During the second quarter of 2024, the labor informality of Collectors, Payers and Lenders reached a 25.6%, which implied a decrease from 2.53 percentage points compared to the first quarter of 2024 (28.2%).
The labor informality of this occupation was lower than informality at the country level in 28.6 percentage points during the second quarter of 2024.
Greater Labor Informality: 90.1%, Puebla
Less Labor Informality: 6.91 %, Tamaulipas
At second quarter of 2024, the states with the highest rate of labor informality in Collectors, Payers and Lenders were Puebla (90.1%), Tlaxcala (79%), and Michoacán de Ocampo (55.6%).
The states with the lowest informality rate were Estado de México (12.3%), Nuevo León (11.7%), and Tamaulipas (6.91%).
The workforce of Collectors, Payers and Lenders during the second quarter of 2024 was higher in the age group with 25 to 34 years concentrating 22.5k workers of which 81.5% corresponds to formal employment (18.3k) and 18.5% to informal employment (4.16k).
Regarding the schooling years, the workforce was higher in the range with 10 to 12 years of schooling concentrating 42.6k workers of which 78.2% corresponds to formal employment (33.3k) and 21.8% corresponds to informal employment (9.27k).