Occupation (4311) - 2024-Q1
The workforce of Workers in the Rental Property (Houses, Land, Etc.) during first quarter of 2024 was 19.7k people, whose salary averaged $5.92k MX working around 19.3 hours per week.
The average age of Workers in the Rental Property (Houses, Land, Etc.) was 49.6 years. The workforce was distributed in 51% men with an average salary of $6.46k MX and, 49% women with average salary of $5.37k MX.
The best average salaries received by Workers in the Rental Property (Houses, Land, Etc.) were in Guanajuato ($100k MX), Chihuahua ($50k MX), and Nuevo León ($15.2k MX) while the workforce was larger in Estado de México (8.89k), Nuevo León (1.59k), and Baja California (1.51k).
In terms of industries, the best average salaries were in Business Administration Services ($10.8k MX), Amusement Parks and Arcades ($4.5k MX), and Rental of Household and Personal Goods ($196 MX), while the workforce was concentrated on Rental of Household and Personal Goods (18.2k), Employment Services (344), and Amusement Parks and Arcades (154).
50.2% of the total informal workers correspond to women with an average salary of $233 MX and 49.8% to men with an average salary of $2.09k MX.
At the level of states, Estado de México had the highest percentage of informal workers with 100% corresponding to 8.89k from 8.89k workers, while the state with the lowest percentage of informal workers was Sonora with a 30.3% corresponding to 132 from 435 workers.
At first quarter of 2024, the people who worked as Workers in the Rental Property (Houses, Land, Etc.) were 19.7k being a 14.4% higher than the fourth quarter of 2023. (17.3k).
In the same period, an average salary of $5.92k MX was observed, registering a drop of 56.1%, compared to the fourth quarter of 2023 ($13.5k MX).
The states with the highest number of Workers in the Rental Property (Houses, Land, Etc.) during the first quarter of 2024 were Estado de México (8.89k), Nuevo León (1.59k), and Baja California (1.51k)
Comparing the first quarter of 2021 and the first quarter of 2024, the main positive variations occurred in Estado de México and Quintana Roo with an increase of 6.49k (271%) and 895 (292%), respectively. On the other hand, the negative variations were accentuated in Hidalgo and Oaxaca with a decrease of 3.34k (95.9%) and 1.77k (82%), respectively.
The states with the best average salaries for Workers in the Rental Property (Houses, Land, Etc.) during first quarter of 2024 were Guanajuato ($100k MX), Chihuahua ($50k MX), and Nuevo León ($15.2k MX)
Comparing the first quarter of 2021 and the first quarter of 2024, the positive salary growth was higher in Chihuahua and Hidalgo with an increase of $45.4k MX (979%) and $2.29k MX (47.2%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Estado de México and Baja California Sur with a decrease of $28.7k MX (100%) and $18k MX (92.1%), respectively.
The visualization shows the distribution of Workers in the Rental Property (Houses, Land, Etc.) in different industries and economic sectors.
At first quarter of 2024, the workforce was higher in Rental of Household and Personal Goods (96.6%), Employment Services (1.83%), and Amusement Parks and Arcades (0.82%).
In the same period, the best average salaries were received in Business Administration Services ($10.8k MX), Amusement Parks and Arcades ($4.5k MX), and Rental of Household and Personal Goods ($196 MX).
Labor Informality 2024-Q1
During the first quarter of 2024, the labor informality of Workers in the Rental Property (Houses, Land, Etc.) reached a 61.3%, which implied an increase from 2.38 percentage points compared to the fourth quarter of 2023 (59%).
The labor informality of this occupation was higher than informality at the country level in 6.99 percentage points during the first quarter of 2024.
Greater Labor Informality: 100%, Estado de México
Less Labor Informality: 30.3 %, Sonora
At first quarter of 2024, the states with the highest rate of labor informality in Workers in the Rental Property (Houses, Land, Etc.) were Estado de México (100%), Jalisco (100%), and Colima (100%).
The states with the lowest informality rate were Nayarit (44.5%), Nuevo León (31.5%), and Sonora (30.3%).
The workforce of Workers in the Rental Property (Houses, Land, Etc.) during the first quarter of 2024 was higher in the age group with 45 to 54 years concentrating 7.78k workers of which 30% corresponds to formal employment (2.33k) and 70% to informal employment (5.45k).
Regarding the schooling years, the workforce was higher in the range with 7 to 9 years of schooling concentrating 10.9k workers of which 6.22% corresponds to formal employment (677) and 93.8% corresponds to informal employment (10.2k).