Occupation (8211) - 2024-Q3
The workforce of Assemblers and Fitters Tools, Machinery, Equipment and Metal Products during third quarter of 2024 was 408k people, whose salary averaged $6.94k MX working around 45.5 hours per week.
The average age of Assemblers and Fitters Tools, Machinery, Equipment and Metal Products was 34.6 years. The workforce was distributed in 57% men with an average salary of $7.08k MX and, 43% women with average salary of $6.75k MX.
The best average salaries received by Assemblers and Fitters Tools, Machinery, Equipment and Metal Products were in Veracruz de Ignacio de la Llave ($16.2k MX), Sinaloa ($12.5k MX), and Tamaulipas ($9.89k MX) while the workforce was larger in Coahuila de Zaragoza (63k), Guanajuato (44.9k), and Chihuahua (34.9k).
In terms of industries, the best average salaries were in Fishing ($17.2k MX), Medical Doctors Offices ($16k MX), and Other Manufacturing Industries ($12.9k MX), while the workforce was concentrated on Retail Trade of Automobiles and Pickup Trucks (4.91k), Medical Doctors Offices (1.86k), and Fishing (1.27k).
10.2% of the total informal workers correspond to women with an average salary of $8.6k MX and 89.8% to men with an average salary of $7.59k MX.
At the level of states, Ciudad de México had the highest percentage of informal workers with 35.3% corresponding to 1.67k from 4.72k workers, while the state with the lowest percentage of informal workers was Baja California with a 1.22% corresponding to 277 from 22.7k workers.
At third quarter of 2024, the people who worked as Assemblers and Fitters Tools, Machinery, Equipment and Metal Products were 408k being a 2.05% higher than the second quarter of 2024. (400k).
In the same period, an average salary of $6.94k MX was observed, registering an increase of 7.49%, compared to the second quarter of 2024 ($6.46k MX).
The states with the highest number of Assemblers and Fitters Tools, Machinery, Equipment and Metal Products during the third quarter of 2024 were Coahuila de Zaragoza (63k), Guanajuato (44.9k), and Chihuahua (34.9k)
Comparing the first quarter of 2021 and the third quarter of 2024, the main positive variations occurred in Coahuila de Zaragoza and Guanajuato with an increase of 12.6k (25%) and 6.94k (18.3%), respectively. On the other hand, the negative variations were accentuated in Estado de México and Tamaulipas with a decrease of 11.2k (27.1%) and 8.01k (28.1%), respectively.
The states with the best average salaries for Assemblers and Fitters Tools, Machinery, Equipment and Metal Products during third quarter of 2024 were Veracruz de Ignacio de la Llave ($16.2k MX), Sinaloa ($12.5k MX), and Tamaulipas ($9.89k MX)
Comparing the first quarter of 2021 and the third quarter of 2024, the positive salary growth was higher in Veracruz de Ignacio de la Llave and Sinaloa with an increase of $10.3k MX (175%) and $3.68k MX (41.9%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Tlaxcala and Chihuahua with a decrease of $1.07k MX (15.2%) and $1.04k MX (13%), respectively.
Average Age 2024-Q3
At third quarter of 2024, the male workforce in Assemblers and Fitters Tools, Machinery, Equipment and Metal Products represented the 57% of the employed population and women 43%. The male and female workforce was higher in the age group 25 to 34 years (74.9k men and 51.2k women).
The highest average salary was $8.1k MX received by men from 55 to 64 years, while the lowest average salary was $6.05k MX received by men from 15 to 24 years.
* The data regarding salaries have low statistical precision so it should not be used as conclusions.
Average Schooling in Years (2024-Q3)
At third quarter of 2024 the male workforce in Assemblers and Fitters Tools, Machinery, Equipment and Metal Products was higher in the educational segment with 10 to 12 years of schooling (102k), while the female workforce was higher in the educational segment with 7 to 9 years of schooling (80.9k).
The highest average salary was $8.66k MX received by men with 16 to 18 years of schooling, while the lowest average salary was $5.28k MX received by women with 13 to 15 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 Assemblers and Fitters Tools, Machinery, Equipment and Metal Products in different industries and economic sectors.
At third quarter of 2024, the workforce was higher in Retail Trade of Automobiles and Pickup Trucks (58.8%), Medical Doctors Offices (22.2%), and Fishing (15.2%).
In the same period, the best average salaries were received in Fishing ($17.2k MX), Medical Doctors Offices ($16k MX), and Other Manufacturing Industries ($12.9k MX).
Labor Informality 2024-Q3
During the third quarter of 2024, the labor informality of Assemblers and Fitters Tools, Machinery, Equipment and Metal Products reached a 1.52%, which implied an increase from 0.84 percentage points compared to the second quarter of 2024 (0.68%).
The labor informality of this occupation was lower than informality at the country level in 53.1 percentage points during the third quarter of 2024.
Greater Labor Informality: 35.3%, Ciudad de México
Less Labor Informality: 1.22 %, Baja California
At third quarter of 2024, the states with the highest rate of labor informality in Assemblers and Fitters Tools, Machinery, Equipment and Metal Products were Ciudad de México (35.3%), Campeche (27.9%), and Hidalgo (12.9%).
The states with the lowest informality rate were Estado de México (2.09%), Puebla (1.67%), and Baja California (1.22%).
The workforce of Assemblers and Fitters Tools, Machinery, Equipment and Metal Products during the third quarter of 2024 was higher in the age group with 25 to 34 years concentrating 126k workers of which 99% corresponds to formal employment (125k) and 1.04% to informal employment (1.32k).
Regarding the schooling years, the workforce was higher in the range with 7 to 9 years of schooling concentrating 170k workers of which 99.4% corresponds to formal employment (169k) and 0.58% corresponds to informal employment (991).