Occupation (4111) - 2020-Q4
The workforce of Traders in Stores during fourth quarter of 2020 was 2.7M people, whose salary averaged $4.1k MX working around 47.2 hours per week.
The average age of Traders in Stores was 47.2 years. The workforce was distributed in 39.8% men with an average salary of $5.2k MX and, 60.2% women with average salary of $3.38k MX.
The best average salaries received by Traders in Stores were in Sinaloa ($8.7k MX), Nuevo León ($6.79k MX), and Coahuila de Zaragoza ($6.69k MX) while the workforce was larger in Estado de México (449k), Jalisco (215k), and Veracruz de Ignacio de la Llave (200k).
In terms of industries, the best average salaries were in Fishing ($25k MX), Employment Services ($20k MX), and Product Manufacturing Nonmetallic Minerals ($19k MX), while the workforce was concentrated on Retail Trade of Groceries and Food (1.3M), Retail Trade of Textile Products, except Clothing (410k), and Retail Trade of Perfumery and Jewelery (281k).
66.4% of the total informal workers correspond to women with an average salary of $3.06k MX and 33.6% to men with an average salary of $4.69k MX.
At the level of states, Guerrero had the highest percentage of informal workers with 86.4% corresponding to 84.9k from 98.3k workers, while the state with the lowest percentage of informal workers was Colima with a 43.3% corresponding to 5.25k from 12.1k workers.
At fourth quarter of 2020, the people who worked as Traders in Stores were 2.7M being a 2.48% lower than the third quarter of 2020. (2.77M) and 2.48% inferior than the same period of the previous year (2.77M).
In the same period, an average salary of $4.1k MX was observed, registering an increase of 12.1%, compared to the third quarter of 2020 ($3.66k MX) and an increase of 12.1% compared to the same period of the previous year ($3.66k MX).
Top 1 Workforce 2020-Q4: 449k, Estado de México
Greater Increase in Workforce 2019-Q4/ 2020-Q4: 27.6k, Tamaulipas
Greater Decrease in Workforce 2019-Q4 / 2020-Q4: 57.8k, Ciudad de México
The states with the highest number of Traders in Stores during the fourth quarter of 2020 were Estado de México (449k), Jalisco (215k), and Veracruz de Ignacio de la Llave (200k)
Comparing the fourth quarter of 2019 and the fourth quarter of 2020, the main positive variations occurred in Tamaulipas and Guerrero with an increase of 27.6k (48.2%) and 25.6k (35.3%), respectively. On the other hand, the negative variations were accentuated in Ciudad de México and Estado de México with a decrease of 57.8k (26.1%) and 43.3k (8.79%), respectively.
Top 1 Average Salary 2020-Q4: $8.7k MX, Sinaloa
Greater Salary Increase 2019-Q4 / 2020-Q4: $2.26k MX, Sinaloa
Greater Salary Decrease 2019-Q4 / 2020-Q4: $2.02k MX, Quintana Roo
The states with the best average salaries for Traders in Stores during fourth quarter of 2020 were Sinaloa ($8.7k MX), Nuevo León ($6.79k MX), and Coahuila de Zaragoza ($6.69k MX)
Comparing the fourth quarter of 2019 and the fourth quarter of 2020, the positive salary growth was higher in Sinaloa and Hidalgo with an increase of $2.26k MX (35%) and $1.55k MX (58.3%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Quintana Roo and Nayarit with a decrease of $2.02k MX (34.8%) and $1.03k MX (16%), respectively.
Average Age 2020-Q4
At fourth quarter of 2020, the male workforce in Traders in Stores represented the 39.8% of the employed population and women 60.2%. The male and female workforce was higher in the age group 45 to 54 years (249k men and 403k women).
The highest average salary was $5.98k MX received by men from 15 to 24 years, while the lowest average salary was $2.68k MX received by women from 65 to 74 years.
* The data regarding salaries have low statistical precision so it should not be used as conclusions.
Average Schooling in Years (2020-Q4)
During the fourth quarter of 2020, male and female workforce in Traders in Stores was concentrated in the educational segment with 7 to 9 years of schooling (290k men and 493k women).
The highest average salary was $5.83k MX received by men with 16 to 18 years of schooling, while the lowest average salary was $3.1k MX received by women with 13 to 15 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 Traders in Stores in different industries and economic sectors.
At fourth quarter of 2020, the workforce was higher in Retail Trade of Groceries and Food (52.1%), Retail Trade of Textile Products, except Clothing (16.5%), and Retail Trade of Perfumery and Jewelery (11.3%).
In the same period, the best average salaries were received in Fishing ($25k MX), Employment Services ($20k MX), and Product Manufacturing Nonmetallic Minerals ($19k MX).
Labor Informality 2020-Q4
During the fourth quarter of 2020, the labor informality of Traders in Stores reached a 71%, which implied an increase from 1.27 percentage points compared to the fourth quarter of 2020 (69.7%) and an increase from 4.08 percentage points compared to the same period of the previous year (66.9%).
The labor informality of this occupation was higher than informality at the country level in 15.4 percentage points during the fourth quarter of 2020.
At fourth quarter of 2020, the states with the highest rate of labor informality in Traders in Stores were Guerrero (86.4%), Oaxaca (83.9%), and Ciudad de México (83.2%), while the states with the lowest informality rate were Aguascalientes (48.8%), Querétaro (43.8%), and Colima (43.3%).
The workforce of Traders in Stores during the fourth quarter of 2020 was higher in the age group with 45 to 54 years concentrating 652k workers of which 33.6% corresponds to formal employment (219k) and 66.4% to informal employment (433k).
Regarding the schooling years, the workforce was higher in the range with 7 to 9 years of schooling concentrating 783k workers of which 26.1% corresponds to formal employment (204k) and 73.9% corresponds to informal employment (579k).