Peddlers
Group (95) - 2024-Q1
- 1.5M, Workforce
- $3.89k MX, Average monthly salary
- 44.6, Average age
- 33.1, Weekly hours worked
- 4.69, Weekly days worked
- 5.77%, Workforce with second job
- 97.1%, Informal Workforce
- 8.4, Average years of Schooling
About Peddlers
#permalink to sectionThe workforce of Peddlers during first quarter of 2024 was 1.5M people, whose salary averaged $3.89k MX working around 33.1 hours per week.
The average age of Peddlers was 44.6 years. The workforce was distributed in 43.7% men with an average salary of $4.49k MX and, 56.3% women with average salary of $3.42k MX.
The best average salaries received by Peddlers were in Sinaloa ($8.55k MX), Baja California Sur ($6.3k MX), and Nayarit ($6.23k MX) while the workforce was larger in Estado de México (301k), Ciudad de México (154k), and Veracruz de Ignacio de la Llave (106k).
In terms of industries, the best average salaries were in General Public Administration ($21.7k MX), Higher Technical Education Schools ($10k MX), and Amusement Parks and Arcades ($8k MX), while the workforce was concentrated on Retail Trade of Beverages, Ice and Tobacco (696k), Retail Trade of Computer Furniture, Equipment and Accessories; Telephones and other Communication Devices (500k), and Retail Trade of Apparel, Costume Jewelry and Clothing Accessories (338k).
56.4% of the total informal workers correspond to women with an average salary of $3.36k MX and 43.6% to men with an average salary of $4.41k MX.
At the level of states, Guerrero had the highest percentage of informal workers with 99.8% corresponding to 54.8k from 54.9k workers, while the state with the lowest percentage of informal workers was Baja California with a 86.9% corresponding to 26.7k from 30.7k workers.
Employment
#permalink to sectionWorkforce and Salaries Evolution
#permalink to section- 1.5M, Workforce 2024-Q1
- $3.89k MX, Average monthly salary 2024-Q1
At first quarter of 2024, the people who worked as Peddlers were 1.5M being a 8.36% lower than the fourth quarter of 2023. (1.63M).
In the same period, an average salary of $3.89k MX was observed, registering a drop of 0.024%, compared to the fourth quarter of 2023 ($3.89k MX).
Workforce by State
#permalink to sectionThe states with the highest number of Peddlers during the first quarter of 2024 were Estado de México (301k), Ciudad de México (154k), and Veracruz de Ignacio de la Llave (106k)
Comparing the first quarter of 2021 and the first quarter of 2024, the main positive variations occurred in Ciudad de México and Guanajuato with an increase of 17.6k (12.9%) and 10.3k (23.5%), respectively. On the other hand, the negative variations were accentuated in Estado de México and Jalisco with a decrease of 47.9k (13.7%) and 25k (26.3%), respectively.
Salaries by State
#permalink to sectionThe states with the best average salaries for Peddlers during first quarter of 2024 were Sinaloa ($8.55k MX), Baja California Sur ($6.3k MX), and Nayarit ($6.23k MX)
Comparing the first quarter of 2021 and the first quarter of 2024, the positive salary growth was higher in Sinaloa and Campeche with an increase of $2.71k MX (46.3%) and $905 MX (20.8%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Baja California Sur and Sonora with a decrease of $2.32k MX (26.9%) and $743 MX (15.8%), respectively.
Diversity
#permalink to sectionAverage Salary and Workforce by Sex and Age
#permalink to sectionAverage Age 2024-Q1
- 45, Women
- 44.2, Men
At first quarter of 2024, the male workforce in Peddlers represented the 43.7% of the employed population and women 56.3%. The male workforce was higher in the age group of 25 to 34 years (123k), while the female workforce was higher in the age group of 45 to 54 years (196k).
The highest average salary was $5.59k MX received by men from 35 to 44 years, while the lowest average salary was $1.49k 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 Salary and Workforce by Gender and Schooling Years
#permalink to sectionAverage Schooling in Years (2024-Q1)
- 8.57, Women
- 8.17, Men
During the first quarter of 2024, male and female workforce in Peddlers was concentrated in the educational segment with 7 to 9 years of schooling (223k men and 275k women).
The highest average salary was $5.5k MX received by women with 16 to 18 years of schooling, while the lowest average salary was $2.15k 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.
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 first quarter of 2024, the workforce was higher in Retail Trade of Beverages, Ice and Tobacco (35.7%), Retail Trade of Computer Furniture, Equipment and Accessories; Telephones and other Communication Devices (25.6%), and Retail Trade of Apparel, Costume Jewelry and Clothing Accessories (17.3%).
In the same period, the best average salaries were received in General Public Administration ($21.7k MX), Higher Technical Education Schools ($10k MX), and Amusement Parks and Arcades ($8k MX).
Labor Informality
#permalink to sectionLabor Informality
#permalink to sectionLabor Informality 2024-Q1
- 97.1%, Peddlers
- 54.3%, Average Informality in Mexico
During the first quarter of 2024, the labor informality of Peddlers reached a 97.1%, which implied an increase from 0.039 percentage points compared to the fourth quarter of 2023 (97.1%).
The labor informality of this occupation was higher than informality at the country level in 42.8 percentage points during the first quarter of 2024.
Labor Informality by State
#permalink to sectionGreater Labor Informality: 99.8%, Guerrero
Less Labor Informality: 86.9 %, Baja California
At first quarter of 2024, the states with the highest rate of labor informality in Peddlers were Guerrero (99.8%), Michoacán de Ocampo (99.6%), and Yucatán (99.3%).
The states with the lowest informality rate were Sonora (90.6%), Aguascalientes (90%), and Baja California (86.9%).
Labor Informality by Age and Education
#permalink to sectionThe workforce of Peddlers during the first quarter of 2024 was higher in the age group with 45 to 54 years concentrating 312k workers of which 3.46% corresponds to formal employment (10.8k) and 96.5% to informal employment (302k).
Regarding the schooling years, the workforce was higher in the range with 7 to 9 years of schooling concentrating 498k workers of which 2.3% corresponds to formal employment (11.5k) and 97.7% corresponds to informal employment (487k).