Occupation (3122) - 2024-Q1
The workforce of Collectors, Payers and Lenders during first quarter of 2024 was 116k people, whose salary averaged $6.08k MX working around 42.5 hours per week.
The average age of Collectors, Payers and Lenders was 37.5 years. The workforce was distributed in 52.9% men with an average salary of $6.14k MX and, 47.1% women with average salary of $6.03k MX.
The best average salaries received by Collectors, Payers and Lenders were in Nuevo León ($13.1k MX), Chihuahua ($10.5k MX), and Coahuila de Zaragoza ($9.88k MX) while the workforce was larger in Estado de México (16.2k), Ciudad de México (14.2k), and Nuevo León (10k).
In terms of industries, the best average salaries were in Water Collection, Treatment and Supply ($20k MX), Foundations, Prefabricated Structures Assembly and Exterior Construction Works ($17.2k MX), and Electric Power Generation, Transmission, Distribution and Commercialization ($15.4k MX), while the workforce was concentrated on Business Administration Services (38.5k), Financial Institutions for Economic Developmen (23.5k), and Financial Institutions for Economic Development (23.5k).
47.6% of the total informal workers correspond to women with an average salary of $6.61k MX and 52.4% to men with an average salary of $3.93k MX.
At the level of states, Puebla had the highest percentage of informal workers with 91.8% corresponding to 1.41k from 1.53k workers, while the state with the lowest percentage of informal workers was Yucatán with a 4.55% corresponding to 143 from 3.15k workers.
At first quarter of 2024, the people who worked as Collectors, Payers and Lenders were 116k being a 10.3% higher than the fourth quarter of 2023. (106k).
In the same period, an average salary of $6.08k MX was observed, registering a drop of 13.8%, compared to the fourth quarter of 2023 ($7.06k MX).
The states with the highest number of Collectors, Payers and Lenders during the first quarter of 2024 were Estado de México (16.2k), Ciudad de México (14.2k), and Nuevo León (10k)
Comparing the first quarter of 2021 and the first quarter of 2024, the main positive variations occurred in Ciudad de México and Nuevo León with an increase of 8.67k (156%) and 2.69k (36.8%), respectively. On the other hand, the negative variations were accentuated in Puebla and Hidalgo with a decrease of 2.87k (65.3%) and 2.12k (55.1%), respectively.
The states with the best average salaries for Collectors, Payers and Lenders during first quarter of 2024 were Nuevo León ($13.1k MX), Chihuahua ($10.5k MX), and Coahuila de Zaragoza ($9.88k MX)
Comparing the first quarter of 2021 and the first quarter of 2024, the positive salary growth was higher in Campeche and Morelos with an increase of $4.88k MX (111%) and $3.44k MX (57.1%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Querétaro and Tamaulipas with a decrease of $7.93k MX (88.3%) and $4.96k MX (36.6%), respectively.
Average Age 2024-Q1
At first quarter of 2024, the male workforce in Collectors, Payers and Lenders represented the 52.9% of the employed population and women 47.1%. The male workforce was higher in the age group of 35 to 44 years (21.5k), while the female workforce was higher in the age group of 25 to 34 years (17.5k).
The highest average salary was $10.9k MX received by women from 45 to 54 years, while the lowest average salary was $4.87k MX received by women from 35 to 44 years.
* The data regarding salaries have low statistical precision so it should not be used as conclusions.
Average Schooling in Years (2024-Q1)
During the first quarter of 2024, male and female workforce in Collectors, Payers and Lenders was concentrated in the educational segment with 10 to 12 years of schooling (27.5k men and 27.7k women).
The highest average salary was $12.9k MX received by women with 7 to 9 years of schooling, while the lowest average salary was $4.34k MX received by women with 10 to 12 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 Collectors, Payers and Lenders in different industries and economic sectors.
At first quarter of 2024, the workforce was higher in Business Administration Services (23.4%), Financial Institutions for Economic Developmen (14.3%), and Financial Institutions for Economic Development (14.3%).
In the same period, the best average salaries were received in Water Collection, Treatment and Supply ($20k MX), Foundations, Prefabricated Structures Assembly and Exterior Construction Works ($17.2k MX), and Electric Power Generation, Transmission, Distribution and Commercialization ($15.4k MX).
Labor Informality 2024-Q1
During the first quarter of 2024, the labor informality of Collectors, Payers and Lenders reached a 28.2%, which implied a decrease from 3.85 percentage points compared to the fourth quarter of 2023 (32%).
The labor informality of this occupation was lower than informality at the country level in 26.2 percentage points during the first quarter of 2024.
At first quarter of 2024, the states with the highest rate of labor informality in Collectors, Payers and Lenders were Puebla (91.8%), San Luis Potosí (62.9%), and Tlaxcala (62.5%).
The states with the lowest informality rate were Nuevo León (6.9%), Zacatecas (4.89%), and Yucatán (4.55%).
The workforce of Collectors, Payers and Lenders during the first quarter of 2024 was higher in the age group with 35 to 44 years concentrating 32.6k workers of which 79.6% corresponds to formal employment (26k) and 20.4% to informal employment (6.64k).
Regarding the schooling years, the workforce was higher in the range with 10 to 12 years of schooling concentrating 55.2k workers of which 66.8% corresponds to formal employment (36.9k) and 33.2% corresponds to informal employment (18.3k).