ProceduresGovernment

Workers in Preparing Fibers and Yarns

Occupation (7331) - 2024-Q3

  • 2.1k, Workforce
  • $7.43k MX, Average monthly salary
  • 51.1, Average age
  • 47.3, Weekly hours worked
  • 5.82, Weekly days worked
  • 84.3%, Informal Workforce
  • 6, Average years of Schooling

About Workers in Preparing Fibers and Yarns

#permalink to section

The workforce of Workers in Preparing Fibers and Yarns during third quarter of 2024 was 2.1k people, whose salary averaged $7.43k MX working around 47.3 hours per week.

The average age of Workers in Preparing Fibers and Yarns was 51.1 years. The workforce was distributed in 93.3% men with an average salary of $7.77k MX and, 6.67% women with average salary of $2.75k MX.

The best average salaries received by Workers in Preparing Fibers and Yarns were in Coahuila de Zaragoza ($8.43k MX), Aguascalientes ($7.74k MX), and Puebla ($2.75k MX) while the workforce was larger in Coahuila de Zaragoza (1.63k), Aguascalientes (192), and Puebla (140).

7.91% of the total informal workers correspond to women with an average salary of $2.75k MX and 92.1% to men with an average salary of $8.43k MX.

At the level of states, Puebla had the highest percentage of informal workers with 100% corresponding to 140 from 140 workers, while the state with the lowest percentage of informal workers was Coahuila de Zaragoza with a 100% corresponding to 1.63k from 1.63k workers.

Workforce and Salaries Evolution

#permalink to section

  • 2.1k, Workforce 2024-Q3
  • $7.43k MX, Average monthly salary 2024-Q3

At third quarter of 2024, the people who worked as Workers in Preparing Fibers and Yarns were 2.1k being a 48.2% lower than the second quarter of 2024. (4.06k).

In the same period, an average salary of $7.43k MX was observed, registering an increase of 88.9%, compared to the second quarter of 2024 ($3.94k MX).

Workforce by State

#permalink to section

The states with the highest number of Workers in Preparing Fibers and Yarns during the third quarter of 2024 were Coahuila de Zaragoza (1.63k), Aguascalientes (192), and Puebla (140)

Comparing the first quarter of 2021 and the third quarter of 2024, the main positive variations occurred in Aguascalientes and Coahuila de Zaragoza with an increase of 60 (45.5%) and -853 (-34.4%), respectively. On the other hand, the negative variations were accentuated in Coahuila de Zaragoza and Aguascalientes with a decrease of 853 (34.4%) and 60 (45.5%), respectively.

Salaries by State

#permalink to section

The states with the best average salaries for Workers in Preparing Fibers and Yarns during third quarter of 2024 were Coahuila de Zaragoza ($8.43k MX), Aguascalientes ($7.74k MX), and Puebla ($2.75k MX)

The salary variations between the first quarter of 2021 and the third quarter of 2024 were positive for all the states, highlighting Aguascalientes and Coahuila de Zaragoza with increases of $5.59k MX (260%) and $3.42k MX (68.3%), respectively.

Labor Informality

#permalink to section

Labor Informality

#permalink to section

Labor Informality 2024-Q3

  • 84.3%, Workers in Preparing Fibers and Yarns
  • 54.6%, Average Informality in Mexico

During the third quarter of 2024, the labor informality of Workers in Preparing Fibers and Yarns reached a 84.3%, which implied a decrease from 8.52 percentage points compared to the second quarter of 2024  (92.8%).

The labor informality of this occupation was higher than informality at the country level in 29.6 percentage points during the third quarter of 2024.

Labor Informality by State

#permalink to section

Greater Labor Informality: 100%, Puebla

At third quarter of 2024, the states with the highest rate of labor informality in Workers in Preparing Fibers and Yarns were Puebla (100%) and Coahuila de Zaragoza (100%).

Labor Informality by Age and Education

#permalink to section
Workforce

The workforce of Workers in Preparing Fibers and Yarns during the third quarter of 2024 was higher in the age group with 45 to 54 years concentrating 978 workers of which 100% corresponds to informal employment (978) and 41.5% to formal employment (330).

Regarding the schooling years, the workforce was higher in the range with 4 to 6 years of schooling concentrating 2.1k workers of which 15.7%  corresponds to formal employment (330) and 84.3% corresponds to informal employment (1.77k).