Occupation (4201) - 2024-Q3
The workforce of Managers and Supervisors Product Sales and Financial Services and Rental during third quarter of 2024 was 259k people, whose salary averaged $7.94k MX working around 49 hours per week.
The average age of Managers and Supervisors Product Sales and Financial Services and Rental was 37.9 years. The workforce was distributed in 54.7% men with an average salary of $9.08k MX and, 45.3% women with average salary of $6.57k MX.
The best average salaries received by Managers and Supervisors Product Sales and Financial Services and Rental were in Coahuila de Zaragoza ($13.3k MX), Nuevo León ($12.7k MX), and Quintana Roo ($12.6k MX) while the workforce was larger in Ciudad de México (30.5k), Jalisco (23.4k), and Estado de México (21.9k).
In terms of industries, the best average salaries were in Services Related to Air Transportation ($21.1k MX), Foundations, Prefabricated Structures Assembly and Exterior Construction Works ($19.2k MX), and Natural Gas Supply through Mains to Final Consumers ($16.9k MX), while the workforce was concentrated on Retail Trade of Groceries and Food (92.9k), Retail Trade of Automobiles and Pickup Trucks (49.9k), and Retail Trade of Hardware and Glass (36k).
60.5% of the total informal workers correspond to women with an average salary of $4.58k MX and 39.5% to men with an average salary of $6.37k MX.
At the level of states, Tabasco had the highest percentage of informal workers with 52.5% corresponding to 3.12k from 5.94k workers, while the state with the lowest percentage of informal workers was Jalisco with a 5.48% corresponding to 1.29k from 23.4k workers.
At third quarter of 2024, the people who worked as Managers and Supervisors Product Sales and Financial Services and Rental were 259k being a 1.23% lower than the second quarter of 2024. (263k).
In the same period, an average salary of $7.94k MX was observed, registering a drop of 5.33%, compared to the second quarter of 2024 ($8.39k MX).
The states with the highest number of Managers and Supervisors Product Sales and Financial Services and Rental during the third quarter of 2024 were Ciudad de México (30.5k), Jalisco (23.4k), and Estado de México (21.9k)
Comparing the first quarter of 2021 and the third quarter of 2024, the main positive variations occurred in Ciudad de México and Chiapas with an increase of 12.2k (66.9%) and 2.5k (44.3%), respectively. On the other hand, the negative variations were accentuated in Veracruz de Ignacio de la Llave and Puebla with a decrease of 8.63k (40%) and 3.16k (26.4%), respectively.
The states with the best average salaries for Managers and Supervisors Product Sales and Financial Services and Rental during third quarter of 2024 were Coahuila de Zaragoza ($13.3k MX), Nuevo León ($12.7k MX), and Quintana Roo ($12.6k MX)
Comparing the first quarter of 2021 and the third quarter of 2024, the positive salary growth was higher in Quintana Roo and Puebla with an increase of $6.61k MX (110%) and $4.41k MX (84.7%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Ciudad de México and Zacatecas with a decrease of $5.34k MX (53.5%) and $3.78k MX (50.1%), respectively.
Average Age 2024-Q3
At third quarter of 2024, the male workforce in Managers and Supervisors Product Sales and Financial Services and Rental represented the 54.7% of the employed population and women 45.3%. The male and female workforce was higher in the age group 35 to 44 years (41.3k men and 34.3k women).
The highest average salary was $10.4k MX received by men from 35 to 44 years, while the lowest average salary was $4.96k MX received by women 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 Managers and Supervisors Product Sales and Financial Services and Rental was higher in the educational segment with 16 to 18 years of schooling (49k), while the female workforce was higher in the educational segment with 10 to 12 years of schooling (40.4k).
The highest average salary was $10.5k MX received by men with 16 to 18 years of schooling, while the lowest average salary was $5.25k MX received by men 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 Managers and Supervisors Product Sales and Financial Services and Rental in different industries and economic sectors.
At third quarter of 2024, the workforce was higher in Retail Trade of Groceries and Food (30.7%), Retail Trade of Automobiles and Pickup Trucks (16.5%), and Retail Trade of Hardware and Glass (11.9%).
In the same period, the best average salaries were received in Services Related to Air Transportation ($21.1k MX), Foundations, Prefabricated Structures Assembly and Exterior Construction Works ($19.2k MX), and Natural Gas Supply through Mains to Final Consumers ($16.9k MX).
Labor Informality 2024-Q3
During the third quarter of 2024, the labor informality of Managers and Supervisors Product Sales and Financial Services and Rental reached a 23.1%, which implied a decrease from 1.13 percentage points compared to the second quarter of 2024 (24.2%).
The labor informality of this occupation was lower than informality at the country level in 31.5 percentage points during the third quarter of 2024.
At third quarter of 2024, the states with the highest rate of labor informality in Managers and Supervisors Product Sales and Financial Services and Rental were Tabasco (52.5%), Hidalgo (49.5%), and Campeche (45.8%).
The states with the lowest informality rate were Baja California Sur (5.75%), Sonora (5.69%), and Jalisco (5.48%).
The workforce of Managers and Supervisors Product Sales and Financial Services and Rental during the third quarter of 2024 was higher in the age group with 35 to 44 years concentrating 75.6k workers of which 79.9% corresponds to formal employment (60.4k) and 20.1% to informal employment (15.2k).
Regarding the schooling years, the workforce was higher in the range with 10 to 12 years of schooling concentrating 87.8k workers of which 79.5% corresponds to formal employment (69.8k) and 20.5% corresponds to informal employment (18k).