Occupation (4111) - 2024-Q1
The workforce of Traders in Stores during first quarter of 2024 was 3.03M people, whose salary averaged $5.43k MX working around 47.4 hours per week.
The average age of Traders in Stores was 48.1 years. The workforce was distributed in 40.5% men with an average salary of $6.98k MX and, 59.5% women with average salary of $4.38k MX.
The best average salaries received by Traders in Stores were in Baja California Sur ($12.8k MX), Tamaulipas ($8.45k MX), and Nayarit ($8.21k MX) while the workforce was larger in Estado de México (543k), Ciudad de México (245k), and Jalisco (227k).
In terms of industries, the best average salaries were in Beauty Salons and Clinics, Public Baths and Washrooms, and Shoeshine Shops ($36.2k MX), Travel Agencies and Reservation Services ($25k MX), and Medical Doctors Offices ($21.5k MX), while the workforce was concentrated on Retail Trade of Groceries and Food (2.73M), Retail Trade of Textile Products, except Apparel (772k), and Retail Trade of Household Furniture and other Household Goods (740k).
66.3% of the total informal workers correspond to women with an average salary of $3.93k MX and 33.7% to men with an average salary of $5.97k MX.
At the level of states, Guerrero had the highest percentage of informal workers with 88.5% corresponding to 85.7k from 96.8k workers, while the state with the lowest percentage of informal workers was Aguascalientes with a 43.5% corresponding to 12.1k from 27.9k workers.
At first quarter of 2024, the people who worked as Traders in Stores were 3.03M being a 3.91% higher than the fourth quarter of 2023. (2.92M).
In the same period, an average salary of $5.43k MX was observed, registering an increase of 13.1%, compared to the fourth quarter of 2023 ($4.8k MX).
The states with the highest number of Traders in Stores during the first quarter of 2024 were Estado de México (543k), Ciudad de México (245k), and Jalisco (227k)
Comparing the first quarter of 2021 and the first quarter of 2024, the main positive variations occurred in Estado de México and Ciudad de México with an increase of 57k (11.7%) and 26.7k (12.3%), respectively. On the other hand, the negative variations were accentuated in Veracruz de Ignacio de la Llave and Baja California with a decrease of 18k (11%) and 12.2k (11.1%), respectively.
The states with the best average salaries for Traders in Stores during first quarter of 2024 were Baja California Sur ($12.8k MX), Tamaulipas ($8.45k MX), and Nayarit ($8.21k MX)
Comparing the first quarter of 2021 and the first quarter of 2024, the positive salary growth was higher in Baja California Sur and Ciudad de México with an increase of $3.24k MX (33.9%) and $2.53k MX (73.8%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Querétaro and Colima with a decrease of $2.83k MX (61.6%) and $1.72k MX (28.9%), respectively.
Average Age 2024-Q1
At first quarter of 2024, the male workforce in Traders in Stores represented the 40.5% of the employed population and women 59.5%. The male and female workforce was higher in the age group 45 to 54 years (308k men and 432k women).
The highest average salary was $10.5k MX received by men from 25 to 34 years, while the lowest average salary was $2.8k MX received by women from 75 or more years.
* The data regarding salaries have low statistical precision so it should not be used as conclusions.
Average Schooling in Years (2024-Q1)
At first quarter of 2024 the male workforce in Traders in Stores was higher in the educational segment with 10 to 12 years of schooling (336k), while the female workforce was higher in the educational segment with 7 to 9 years of schooling (534k).
The highest average salary was $11.9k MX received by men with 13 to 15 years of schooling, while the lowest average salary was $3.01k MX received by women with 0 to 3 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 Traders in Stores in different industries and economic sectors.
At first quarter of 2024, the workforce was higher in Retail Trade of Groceries and Food (50.1%), Retail Trade of Textile Products, except Apparel (14.2%), and Retail Trade of Household Furniture and other Household Goods (13.6%).
In the same period, the best average salaries were received in Beauty Salons and Clinics, Public Baths and Washrooms, and Shoeshine Shops ($36.2k MX), Travel Agencies and Reservation Services ($25k MX), and Medical Doctors Offices ($21.5k MX).
Labor Informality 2024-Q1
During the first quarter of 2024, the labor informality of Traders in Stores reached a 70%, which implied an increase from 1.15 percentage points compared to the fourth quarter of 2023 (68.8%).
The labor informality of this occupation was higher than informality at the country level in 15.6 percentage points during the first quarter of 2024.
Greater Labor Informality: 88.5%, Guerrero
Less Labor Informality: 43.5 %, Aguascalientes
At first quarter of 2024, the states with the highest rate of labor informality in Traders in Stores were Guerrero (88.5%), Oaxaca (84.4%), and Tabasco (83.6%).
The states with the lowest informality rate were Zacatecas (48.2%), Colima (46%), and Aguascalientes (43.5%).
The workforce of Traders in Stores during the first quarter of 2024 was higher in the age group with 45 to 54 years concentrating 740k workers of which 31.6% corresponds to formal employment (233k) and 68.4% to informal employment (506k).
Regarding the schooling years, the workforce was higher in the range with 7 to 9 years of schooling concentrating 865k workers of which 25.8% corresponds to formal employment (223k) and 74.2% corresponds to informal employment (642k).