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Assemblers and Fitters Tools, Machinery, Metal Products and Electronic

Group (82) - 2024-Q3

  • 1.09M, Workforce
  • $7.48k MX, Average monthly salary
  • 35, Average age
  • 44.7, Weekly hours worked
  • 5.03, Weekly days worked
  • 2.42%, Workforce with second job
  • 1.37%, Informal Workforce
  • 10.7, Average years of Schooling

About Assemblers and Fitters Tools, Machinery, Metal Products and Electronic

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The workforce of Assemblers and Fitters Tools, Machinery, Metal Products and Electronic during third quarter of 2024 was 1.09M people, whose salary averaged $7.48k MX working around 44.7 hours per week.

The average age of Assemblers and Fitters Tools, Machinery, Metal Products and Electronic was 35 years. The workforce was distributed in 48.3% men with an average salary of $7.8k MX and, 51.7% women with average salary of $7.18k MX.

The best average salaries received by Assemblers and Fitters Tools, Machinery, Metal Products and Electronic were in Veracruz de Ignacio de la Llave ($15.4k MX), Campeche ($10.3k MX), and Tamaulipas ($9.86k MX) while the workforce was larger in Chihuahua (159k), Coahuila de Zaragoza (134k), and Nuevo León (97.5k).

In terms of industries, the best average salaries were in Fishing ($17.2k MX), Investigation, Protection and Security Services ($17.2k MX), and Medical Doctors Offices ($16k MX), while the workforce was concentrated on Retail Trade of Automobiles and Pickup Trucks (4.91k), Electronic and Precision Equipment Repair and Maintenance (4.19k), and Legal Services (2.67k).

22.8% of the total informal workers correspond to women with an average salary of $6.54k MX and 77.2% to men with an average salary of $5.85k MX.

At the level of states, Tabasco had the highest percentage of informal workers with 74.7% corresponding to 778 from 1.04k workers, while the state with the lowest percentage of informal workers was Durango with a 0.25% corresponding to 80 from 31.9k workers.

Workforce and Salaries Evolution

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  • 1.09M, Workforce 2024-Q3
  • $7.48k MX, Average monthly salary 2024-Q3

At third quarter of 2024, the people who worked as Assemblers and Fitters Tools, Machinery, Metal Products and Electronic were 1.09M being a 1.54% higher than the second quarter of 2024. (1.07M).

In the same period, an average salary of $7.48k MX was observed, registering an increase of 1.26%, compared to the second quarter of 2024 ($7.39k MX).

Workforce by State

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The states with the highest number of Assemblers and Fitters Tools, Machinery, Metal Products and Electronic during the third quarter of 2024 were Chihuahua (159k), Coahuila de Zaragoza (134k), and Nuevo León (97.5k)

Comparing the first quarter of 2021 and the third quarter of 2024, the main positive variations occurred in Guanajuato and Chihuahua with an increase of 13.1k (15.7%) and 9.32k (6.24%), respectively. On the other hand, the negative variations were accentuated in San Luis Potosí and Nuevo León with a decrease of 8.15k (13.9%) and 5.23k (5.09%), respectively.

Salaries by State

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The states with the best average salaries for Assemblers and Fitters Tools, Machinery, Metal Products and Electronic during third quarter of 2024 were Veracruz de Ignacio de la Llave ($15.4k MX), Campeche ($10.3k MX), and Tamaulipas ($9.86k 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 Ciudad de México with an increase of $7.98k MX (108%) and $2.53k MX (508%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Campeche and Estado de México with a decrease of $1.93k MX (15.7%) and $890 MX (22%), respectively.

Average Salary and Workforce by Sex and Age

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Average Age 2024-Q3

  • 35.6, Women
  • 34.3, Men

At third quarter of 2024, the male workforce in Assemblers and Fitters Tools, Machinery, Metal Products and Electronic represented the 48.3% of the employed population and women 51.7%. The male and female workforce was higher in the age group 25 to 34 years (165k men and 161k women).

The highest average salary was $8.32k MX received by men from 35 to 44 years, while the lowest average salary was $6.87k 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 Salary and Workforce by Gender and Schooling Years

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Average Schooling in Years (2024-Q3)

  • 10.5, Women
  • 11, Men

At third quarter of 2024 the male workforce in Assemblers and Fitters Tools, Machinery, Metal Products and Electronic was higher in the educational segment with 10 to 12 years of schooling (210k), while the female workforce was higher in the educational segment with 7 to 9 years of schooling (249k).

The highest average salary was $9.22k MX received by men with 16 to 18 years of schooling, while the lowest average salary was $6.98k MX received by women with 4 to 6 years of schooling.

* The data regarding salaries have low statistical precision so it should not be used as conclusions.

Workforce and Salaries Distribution by Industries

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The visualization shows the distribution of Assemblers and Fitters Tools, Machinery, Metal Products and Electronic in different industries and economic sectors.

At third quarter of 2024, the workforce was higher in Retail Trade of Automobiles and Pickup Trucks (23%), Electronic and Precision Equipment Repair and Maintenance (19.6%), and Legal Services (12.5%).

In the same period, the best average salaries were received in Fishing ($17.2k MX), Investigation, Protection and Security Services ($17.2k MX), and Medical Doctors Offices ($16k MX).

Labor Informality

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Labor Informality

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Labor Informality 2024-Q3

  • 1.37%, Assemblers and Fitters Tools, Machinery, Metal Products and Electronic
  • 54.6%, Average Informality in Mexico

During the third quarter of 2024, the labor informality of Assemblers and Fitters Tools, Machinery, Metal Products and Electronic reached a 1.37%, which implied an increase from 0.51 percentage points compared to the second quarter of 2024  (0.85%).

The labor informality of this occupation was lower than informality at the country level in 53.3 percentage points during the third quarter of 2024.

Labor Informality by State

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Greater Labor Informality: 74.7%, Tabasco

Less Labor Informality: 0.25 %, Durango

At third quarter of 2024, the states with the highest rate of labor informality in Assemblers and Fitters Tools, Machinery, Metal Products and Electronic were Tabasco (74.7%), Ciudad de México (38.8%), and Campeche (10.3%).

The states with the lowest informality rate were Sonora (0.33%), Aguascalientes (0.32%), and Durango (0.25%).

Labor Informality by Age and Education

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Workforce

The workforce of Assemblers and Fitters Tools, Machinery, Metal Products and Electronic during the third quarter of 2024 was higher in the age group with 25 to 34 years concentrating 326k workers of which 98.7% corresponds to formal employment (322k) and 1.29% to informal employment (4.2k).

Regarding the schooling years, the workforce was higher in the range with 7 to 9 years of schooling concentrating 434k workers of which 99.7%  corresponds to formal employment (432k) and 0.34% corresponds to informal employment (1.49k).