Peddlers
Group (95) - 2024-Q3
- 1.51M, Workforce
- $4.33k MX, Average monthly salary
- 44.8, Average age
- 32, Weekly hours worked
- 4.7, Weekly days worked
- 4.58%, Workforce with second job
- 97.4%, Informal Workforce
- 8.46, Average years of Schooling
About Peddlers
#permalink to sectionThe workforce of Peddlers during third quarter of 2024 was 1.51M people, whose salary averaged $4.33k MX working around 32 hours per week.
The average age of Peddlers was 44.8 years. The workforce was distributed in 41.9% men with an average salary of $5.3k MX and, 58.1% women with average salary of $3.64k MX.
The best average salaries received by Peddlers were in Baja California Sur ($9.04k MX), Nayarit ($9.03k MX), and Coahuila de Zaragoza ($7.97k MX) while the workforce was larger in Estado de México (252k), Ciudad de México (153k), and Veracruz de Ignacio de la Llave (144k).
In terms of industries, the best average salaries were in Waste Collection ($24.1k MX), Retail Trade of Hardware and Glass ($13.9k MX), and Cattle Raising ($12.9k MX), while the workforce was concentrated on Retail Trade of Beverages, Ice and Tobacco (832k), Retail Trade of Computer Furniture, Equipment and Accessories; Telephones and other Communication Devices (497k), and Retail Trade of Apparel, Costume Jewelry and Clothing Accessories (382k).
58.4% of the total informal workers correspond to women with an average salary of $3.58k MX and 41.6% to men with an average salary of $5.05k MX.
At the level of states, Yucatán had the highest percentage of informal workers with 100% corresponding to 24.5k from 24.5k workers, while the state with the lowest percentage of informal workers was Quintana Roo with a 86.4% corresponding to 17.6k from 20.4k workers.
Employment
#permalink to sectionWorkforce and Salaries Evolution
#permalink to section- 1.51M, Workforce 2024-Q3
- $4.33k MX, Average monthly salary 2024-Q3
At third quarter of 2024, the people who worked as Peddlers were 1.51M being a 2.61% higher than the second quarter of 2024. (1.47M).
In the same period, an average salary of $4.33k MX was observed, registering an increase of 2.72%, compared to the second quarter of 2024 ($4.22k MX).
Workforce by State
#permalink to sectionThe states with the highest number of Peddlers during the third quarter of 2024 were Estado de México (252k), Ciudad de México (153k), and Veracruz de Ignacio de la Llave (144k)
Comparing the first quarter of 2021 and the third quarter of 2024, the main positive variations occurred in Veracruz de Ignacio de la Llave and Ciudad de México with an increase of 34.2k (31.2%) and 20.1k (15.2%), respectively. On the other hand, the negative variations were accentuated in Estado de México and Jalisco with a decrease of 32.9k (11.5%) and 23.8k (32.7%), respectively.
Salaries by State
#permalink to sectionThe states with the best average salaries for Peddlers during third quarter of 2024 were Baja California Sur ($9.04k MX), Nayarit ($9.03k MX), and Coahuila de Zaragoza ($7.97k MX)
Comparing the first quarter of 2021 and the third quarter of 2024, the positive salary growth was higher in Baja California and Zacatecas with an increase of $2.88k MX (64.8%) and $2.76k MX (89.8%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Guerrero and Sonora with a decrease of $1.4k MX (24.1%) and $1.36k MX (21.1%), respectively.
Diversity
#permalink to sectionAverage Salary and Workforce by Sex and Age
#permalink to sectionAverage Age 2024-Q3
- 44.8, Women
- 44.8, Men
At third quarter of 2024, the male workforce in Peddlers represented the 41.9% of the employed population and women 58.1%. The male workforce was higher in the age group of 45 to 54 years (135k), while the female workforce was higher in the age group of 35 to 44 years (202k).
The highest average salary was $6.56k MX received by men from 35 to 44 years, while the lowest average salary was $2.36k MX received by women from 65 to 74 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
#permalink to sectionAverage Schooling in Years (2024-Q3)
- 8.47, Women
- 8.44, Men
During the third quarter of 2024, male and female workforce in Peddlers was concentrated in the educational segment with 7 to 9 years of schooling (216k men and 295k women).
The highest average salary was $7.31k MX received by men with 16 to 18 years of schooling, while the lowest average salary was $3.19k 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.
Industries
#permalink to sectionWorkforce and Salaries Distribution by Industries
#permalink to sectionThe visualization shows the distribution of Peddlers in different industries and economic sectors.
At third quarter of 2024, the workforce was higher in Retail Trade of Beverages, Ice and Tobacco (40.4%), Retail Trade of Computer Furniture, Equipment and Accessories; Telephones and other Communication Devices (24.1%), and Retail Trade of Apparel, Costume Jewelry and Clothing Accessories (18.6%).
In the same period, the best average salaries were received in Waste Collection ($24.1k MX), Retail Trade of Hardware and Glass ($13.9k MX), and Cattle Raising ($12.9k MX).
Labor Informality
#permalink to sectionLabor Informality
#permalink to sectionLabor Informality 2024-Q3
- 97.4%, Peddlers
- 54.6%, Average Informality in Mexico
During the third quarter of 2024, the labor informality of Peddlers reached a 97.4%, which implied a decrease from 0.44 percentage points compared to the second quarter of 2024 (97.8%).
The labor informality of this occupation was higher than informality at the country level in 42.7 percentage points during the third quarter of 2024.
Labor Informality by State
#permalink to sectionGreater Labor Informality: 100%, Yucatán
Less Labor Informality: 86.4 %, Quintana Roo
At third quarter of 2024, the states with the highest rate of labor informality in Peddlers were Yucatán (100%), San Luis Potosí (100%), and Estado de México (100%).
The states with the lowest informality rate were Chihuahua (89.7%), Baja California (88.4%), and Quintana Roo (86.4%).
Labor Informality by Age and Education
#permalink to sectionThe workforce of Peddlers during the third quarter of 2024 was higher in the age group with 45 to 54 years concentrating 336k workers of which 2.57% corresponds to formal employment (8.63k) and 97.4% to informal employment (328k).
Regarding the schooling years, the workforce was higher in the range with 7 to 9 years of schooling concentrating 512k workers of which 1.94% corresponds to formal employment (9.94k) and 98.1% corresponds to informal employment (502k).