Auxiliary in Accounting, Economics, Finance and Stockbrokers

Occupation (2512) - 2021-Q1

  • 406k, Workforce
  • $6.39k MX, Average monthly salary
  • 36.8, Average age
  • 39.7, Weekly hours worked
  • 5.06, Weekly days worked
  • 3.41%, Workforce with second job
  • 15.9%, Informal Workforce
  • 14.2, Average years of Schooling

About Auxiliary in Accounting, Economics, Finance and Stockbrokers

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The workforce of Auxiliary in Accounting, Economics, Finance and Stockbrokers during first quarter of 2021 was 406k people, whose salary averaged $6.39k MX working around 39.7 hours per week.

The average age of Auxiliary in Accounting, Economics, Finance and Stockbrokers was 36.8 years. The workforce was distributed in 41.4% men with an average salary of $6.88k MX and, 58.6% women with average salary of $6.05k MX.

The best average salaries received by Auxiliary in Accounting, Economics, Finance and Stockbrokers were in Sinaloa ($13.1k MX), Veracruz de Ignacio de la Llave ($10.8k MX), and Nuevo León ($8.87k MX) while the workforce was larger in Ciudad de México (59.2k), Estado de México (42.4k), and Nuevo León (31.3k).

In terms of industries, the best average salaries were in Printing and Related Industries ($33.5k MX), Manufacture of Products of Petroleum and Coal ($29k MX), and Consumer Goods Rental ($13.8k MX), while the workforce was concentrated on Legal Services (109k), Public Administration (6.61%), and Regulation and Promotion of Economic Development (5.3%).

62.5% of the total informal workers correspond to women with an average salary of $3.72k MX and 37.5% to men with an average salary of $3.85k MX.

At the level of states, Oaxaca had the highest percentage of informal workers with 56.7% corresponding to 1.32k from 2.33k workers, while the state with the lowest percentage of informal workers was Querétaro with a 3.97% corresponding to 359 from 9.05k workers.

Workforce and Salaries Evolution

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  • 406k, Workforce 2021-Q1
  • $6.39k MX, Average monthly salary 2021-Q1

At first quarter of 2021, the people who worked as Auxiliary in Accounting, Economics, Finance and Stockbrokers were 406k being a 0.91% higher than the fourth quarter of 2020. (402k).

In the same period, an average salary of $6.39k MX was observed, registering an increase of 23.1%, compared to the fourth quarter of 2020 ($5.19k MX).

Workforce by State

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Top 1 Workforce 2021-Q1: 59.2k, Ciudad de México

Greater Increase in Workforce 2019-Q4/ 2021-Q1: 13.1k, Sinaloa

Greater Decrease in Workforce 2019-Q4 / 2021-Q1: 14.2k, Ciudad de México

The states with the highest number of Auxiliary in Accounting, Economics, Finance and Stockbrokers during the first quarter of 2021 were Ciudad de México (59.2k), Estado de México (42.4k), and Nuevo León (31.3k)

Comparing the first quarter of 2020 and the first quarter of 2021, the main positive variations occurred in Sinaloa and Yucatán with an increase of 13.1k (93.8%) and 10.3k (101%), respectively. On the other hand, the negative variations were accentuated in Ciudad de México and Estado de México with a decrease of 14.2k (19.3%) and 10.7k (20.1%), respectively.

Salaries by State

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Top 1 Average Salary 2021-Q1: $13.1k MX, Sinaloa

Greater Salary Increase 2020-Q1 / 2021-Q1: $5.79k MX, Sinaloa

Greater Salary Decrease 2020-Q1 / 2021-Q1: $3.56k MX, Michoacán de Ocampo

The states with the best average salaries for Auxiliary in Accounting, Economics, Finance and Stockbrokers during first quarter of 2021 were Sinaloa ($13.1k MX), Veracruz de Ignacio de la Llave ($10.8k MX), and Nuevo León ($8.87k MX)

Comparing the first quarter of 2020 and the first quarter of 2021, the positive salary growth was higher in Sinaloa and Veracruz de Ignacio de la Llave with an increase of $5.79k MX (79.1%) and $4.63k MX (75%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Michoacán de Ocampo and Tlaxcala with a decrease of $3.56k MX (35.3%) and $2.17k MX (30.9%), respectively.

Average Salary and Workforce by Sex and Age

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Average Age 2021-Q1

  • 35.9, Women
  • 38.1, Men

At first quarter of 2021, the male workforce in Auxiliary in Accounting, Economics, Finance and Stockbrokers represented the 41.4% of the employed population and women 58.6%. The male and female workforce was higher in the age group 25 to 34 years (49.9k men and 94.5k women).

The highest average salary was $9.61k MX received by men from 55 to 64 years, while the lowest average salary was $3.5k MX received by men from 15 to 24 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

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Average Schooling in Years (2021-Q1)

  • 14.2, Women
  • 14.3, Men

During the first quarter of 2021, male and female workforce in Auxiliary in Accounting, Economics, Finance and Stockbrokers was concentrated in the educational segment with 16 to 18 years of schooling (85.1k men and 105k women).

The highest average salary was $8.58k MX received by men with 16 to 18 years of schooling, while the lowest average salary was $4.2k MX received by men with 10 to 12 years of schooling.

* The data regarding salaries have low statistical precision so it should not be used as conclusions.

Workforce and Salaries Distribution by Industries

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The visualization shows the distribution of Auxiliary in Accounting, Economics, Finance and Stockbrokers in different industries and economic sectors.

At first quarter of 2021, the workforce was higher in Legal Services (34.8%), Public Administration (6.61%), and Regulation and Promotion of Economic Development (5.3%).

In the same period, the best average salaries were received in Printing and Related Industries ($33.5k MX), Manufacture of Products of Petroleum and Coal ($29k MX), and Consumer Goods Rental ($13.8k MX).

Labor Informality

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Labor Informality

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Labor Informality 2021-Q1

  • 15.9%, Auxiliary in Accounting, Economics, Finance and Stockbrokers
  • 55.1%, Average Informality in Mexico

During the first quarter of 2021, the labor informality of Auxiliary in Accounting, Economics, Finance and Stockbrokers reached a 15.9%, which implied a decrease from 4.3 percentage points compared to the fourth quarter of 2020  (20.2%) and a decrease from 6.21 percentage points compared to the same period of the previous year (22.1%).

The labor informality of this occupation was lower than informality at the country level in 39.2 percentage points during the first quarter of 2021.

Labor Informality by State

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Greater Labor Informality: 56.7%, Oaxaca

Less Labor Informality: 3.97 %, Querétaro

At first quarter of 2021, the states with the highest rate of labor informality in Auxiliary in Accounting, Economics, Finance and Stockbrokers were Oaxaca (56.7%), Zacatecas (51.8%), and Colima (45.9%).

The states with the lowest informality rate were Sonora (6.25%), Sinaloa (6.24%), and Querétaro (3.97%).

Labor Informality by Age and Education

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Workforce

The workforce of Auxiliary in Accounting, Economics, Finance and Stockbrokers during the first quarter of 2021 was higher in the age group with 25 to 34 years concentrating 144k workers of which 90.7% corresponds to formal employment (131k) and 9.31% to informal employment (13.4k).

Regarding the schooling years, the workforce was higher in the range with 16 to 18 years of schooling concentrating 190k workers of which 88.6%  corresponds to formal employment (169k) and 11.4% corresponds to informal employment (21.7k).