Occupation (2122) - 2022-Q4
The workforce of Advisors and Analysts in Finance during fourth quarter of 2022 was 87.7k people, whose salary averaged $5.92k MX working around 42.4 hours per week.
The average age of Advisors and Analysts in Finance was 37 years. The workforce was distributed in 61.8% men with an average salary of $5.5k MX and, 38.2% women with average salary of $6.59k MX.
The best average salaries received by Advisors and Analysts in Finance were in Tamaulipas ($33.1k MX), Baja California Sur ($20k MX), and Yucatán ($16.7k MX) while the workforce was larger in Ciudad de México (35.8k), Estado de México (16.2k), and Puebla (8.23k).
In terms of industries, the best average salaries were in Wholesale Trade of Machinery, Equipment and Furniture for Agricultural, Industrial, Service and Commercial Activities, and other Machinery and Equipment for General Use ($30k MX), Telecommunications ($30k MX), and Retail Trade of Furniture for Home and other Household Goods ($28.4k MX), while the workforce was concentrated on Depository Credit Intermediation (25.8k), Nondepository Credit Intermediation (17.5k), and Legal Services (13.8k).
37.2% of the total informal workers correspond to women with an average salary of $7.02k MX and 62.8% to men with an average salary of $3.67k MX.
At the level of states, San Luis Potosí had the highest percentage of informal workers with 100% corresponding to 350 from 350 workers, while the state with the lowest percentage of informal workers was Ciudad de México with a 2.87% corresponding to 1.03k from 35.8k workers.
At fourth quarter of 2022, the people who worked as Advisors and Analysts in Finance were 87.7k being a 49% higher than the third quarter of 2022. (58.9k).
In the same period, an average salary of $5.92k MX was observed, registering an increase of 20.7%, compared to the third quarter of 2022 ($4.91k MX).
The states with the highest number of Advisors and Analysts in Finance during the fourth quarter of 2022 were Ciudad de México (35.8k), Estado de México (16.2k), and Puebla (8.23k)
Comparing the first quarter of 2021 and the fourth quarter of 2022, the main positive variations occurred in Estado de México and Ciudad de México with an increase of 14.9k (1.19k%) and 8.09k (29.2%), respectively. On the other hand, the negative variations were accentuated in Nuevo León and Querétaro with a decrease of 1.44k (44.5%) and 890 (73.7%), respectively.
The states with the best average salaries for Advisors and Analysts in Finance during fourth quarter of 2022 were Tamaulipas ($33.1k MX), Baja California Sur ($20k MX), and Yucatán ($16.7k MX)
Comparing the first quarter of 2021 and the fourth quarter of 2022, the positive salary growth was higher in Tamaulipas and Yucatán with an increase of $17.4k MX (110%) and $8.53k MX (105%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en San Luis Potosí and Sinaloa with a decrease of $22.7k MX (100%) and $11.9k MX (63.4%), respectively.
Average Age 2022-Q4: 36.5, Men
At fourth quarter of 2022, the male workforce in Advisors and Analysts in Finance represented the 61.8% of the employed population and women 38.2%. The male workforce was higher in the age group of 25 to 34 years (25k), while the female workforce was higher in the age group of 35 to 44 years (11.6k).
The highest average salary was $3.21k MX received by men from 25 to 34 years, while the lowest average salary was $3.21k MX received by men from 25 to 34 years.
* The data regarding salaries have low statistical precision so it should not be used as conclusions.
Average Schooling in Years (2022-Q4)
During the fourth quarter of 2022, male and female workforce in Advisors and Analysts in Finance was concentrated in the educational segment with 16 to 18 years of schooling (51k men and 28.6k women).
The highest average salary was $5.87k MX received by women with 16 to 18 years of schooling, while the lowest average salary was $5.57k 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 Advisors and Analysts in Finance in different industries and economic sectors.
At fourth quarter of 2022, the workforce was higher in Depository Credit Intermediation (29.4%), Nondepository Credit Intermediation (19.9%), and Legal Services (15.8%).
In the same period, the best average salaries were received in Wholesale Trade of Machinery, Equipment and Furniture for Agricultural, Industrial, Service and Commercial Activities, and other Machinery and Equipment for General Use ($30k MX), Telecommunications ($30k MX), and Retail Trade of Furniture for Home and other Household Goods ($28.4k MX).
Labor Informality 2022-Q4
During the fourth quarter of 2022, the labor informality of Advisors and Analysts in Finance reached a 8.9%, which implied an increase from 0.13 percentage points compared to the third quarter of 2022 (8.77%).
The labor informality of this occupation was lower than informality at the country level in 46.2 percentage points during the fourth quarter of 2022.
Greater Labor Informality: 100%, San Luis Potosí
Less Labor Informality: 2.87 %, Ciudad de México
At fourth quarter of 2022, the states with the highest rate of labor informality in Advisors and Analysts in Finance were San Luis Potosí (100%), Quintana Roo (100%), and Oaxaca (75.2%).
The states with the lowest informality rate were Hidalgo (6.56%), Tabasco (4.75%), and Ciudad de México (2.87%).
The workforce of Advisors and Analysts in Finance during the fourth quarter of 2022 was higher in the age group with 25 to 34 years concentrating 35.9k workers of which 98.7% corresponds to formal employment (35.4k) and 1.31% to informal employment (471).
Regarding the schooling years, the workforce was higher in the range with 16 to 18 years of schooling concentrating 79.6k workers of which 90.2% corresponds to formal employment (71.8k) and 9.8% corresponds to informal employment (7.8k).