Occupation (8211) - 2024-Q1
The workforce of Assemblers and Fitters Tools, Machinery, Equipment and Metal Products during first quarter of 2024 was 411k people, whose salary averaged $6.48k MX working around 44.5 hours per week.
The average age of Assemblers and Fitters Tools, Machinery, Equipment and Metal Products was 34.1 years. The workforce was distributed in 56.5% men with an average salary of $6.6k MX and, 43.5% women with average salary of $6.31k MX.
The best average salaries received by Assemblers and Fitters Tools, Machinery, Equipment and Metal Products were in Coahuila de Zaragoza ($9.11k MX), Yucatán ($8.9k MX), and Veracruz de Ignacio de la Llave ($8.76k MX) while the workforce was larger in Coahuila de Zaragoza (53.8k), Chihuahua (41.1k), and San Luis Potosí (39.1k).
In terms of industries, the best average salaries were in Performing Arts Companies and Groups ($12.9k MX), Foundations, Prefabricated Structures Assembly and Exterior Construction Works ($9.03k MX), and Natural Gas Supply through Mains to Final Consumers ($8k MX), while the workforce was concentrated on Electronic and Precision Equipment Repair and Maintenance (826), Foundations, Prefabricated Structures Assembly and Exterior Construction Works (778), and Performing Arts Companies and Groups (400).
18.5% of the total informal workers correspond to women with an average salary of $4.83k MX and 81.5% to men with an average salary of $5.94k MX.
At the level of states, Ciudad de México had the highest percentage of informal workers with 94% corresponding to 1.56k from 1.66k workers, while the state with the lowest percentage of informal workers was Aguascalientes with a 0.39% corresponding to 99 from 25.6k workers.
At first quarter of 2024, the people who worked as Assemblers and Fitters Tools, Machinery, Equipment and Metal Products were 411k being a 1.35% higher than the fourth quarter of 2023. (406k).
In the same period, an average salary of $6.48k MX was observed, registering a drop of 1.11%, compared to the fourth quarter of 2023 ($6.55k MX).
The states with the highest number of Assemblers and Fitters Tools, Machinery, Equipment and Metal Products during the first quarter of 2024 were Coahuila de Zaragoza (53.8k), Chihuahua (41.1k), and San Luis Potosí (39.1k)
Comparing the first quarter of 2021 and the first quarter of 2024, the main positive variations occurred in Nuevo León and Baja California with an increase of 5.5k (20.3%) and 5.3k (22.9%), respectively. On the other hand, the negative variations were accentuated in Tamaulipas and Sonora with a decrease of 8.94k (26.7%) and 4.32k (12.4%), respectively.
The states with the best average salaries for Assemblers and Fitters Tools, Machinery, Equipment and Metal Products during first quarter of 2024 were Coahuila de Zaragoza ($9.11k MX), Yucatán ($8.9k MX), and Veracruz de Ignacio de la Llave ($8.76k MX)
Comparing the first quarter of 2021 and the first quarter of 2024, the positive salary growth was higher in Veracruz de Ignacio de la Llave and Ciudad de México with an increase of $5.26k MX (150%) and $4.19k MX (184%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Jalisco and Estado de México with a decrease of $3.36k MX (40.3%) and $2.36k MX (36%), respectively.
Average Age 2024-Q1
At first quarter of 2024, the male workforce in Assemblers and Fitters Tools, Machinery, Equipment and Metal Products represented the 56.5% of the employed population and women 43.5%. The male and female workforce was higher in the age group 25 to 34 years (82.8k men and 55.5k women).
The highest average salary was $7.45k MX received by men from 45 to 54 years, while the lowest average salary was $5.81k 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 Schooling in Years (2024-Q1)
At first quarter of 2024 the male workforce in Assemblers and Fitters Tools, Machinery, Equipment and Metal Products was higher in the educational segment with 10 to 12 years of schooling (103k), while the female workforce was higher in the educational segment with 7 to 9 years of schooling (78.8k).
The highest average salary was $7k MX received by women with 4 to 6 years of schooling, while the lowest average salary was $5.11k MX received by men with 16 to 18 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 Assemblers and Fitters Tools, Machinery, Equipment and Metal Products in different industries and economic sectors.
At first quarter of 2024, the workforce was higher in Electronic and Precision Equipment Repair and Maintenance (29%), Foundations, Prefabricated Structures Assembly and Exterior Construction Works (27.4%), and Performing Arts Companies and Groups (14.1%).
In the same period, the best average salaries were received in Performing Arts Companies and Groups ($12.9k MX), Foundations, Prefabricated Structures Assembly and Exterior Construction Works ($9.03k MX), and Natural Gas Supply through Mains to Final Consumers ($8k MX).
Labor Informality 2024-Q1
During the first quarter of 2024, the labor informality of Assemblers and Fitters Tools, Machinery, Equipment and Metal Products reached a 1.45%, which implied an increase from 0.84 percentage points compared to the fourth quarter of 2023 (0.62%).
The labor informality of this occupation was lower than informality at the country level in 52.9 percentage points during the first quarter of 2024.
Greater Labor Informality: 94%, Ciudad de México
Less Labor Informality: 0.39 %, Aguascalientes
At first quarter of 2024, the states with the highest rate of labor informality in Assemblers and Fitters Tools, Machinery, Equipment and Metal Products were Ciudad de México (94%), Yucatán (26.9%), and Estado de México (5.37%).
The states with the lowest informality rate were Chihuahua (1.07%), Baja California (0.53%), and Aguascalientes (0.39%).
The workforce of Assemblers and Fitters Tools, Machinery, Equipment and Metal Products during the first quarter of 2024 was higher in the age group with 25 to 34 years concentrating 138k workers of which 98.7% corresponds to formal employment (137k) and 1.27% to informal employment (1.76k).
Regarding the schooling years, the workforce was higher in the range with 7 to 9 years of schooling concentrating 172k workers of which 99.8% corresponds to formal employment (171k) and 0.23% corresponds to informal employment (401).