Collectors, Payers and Lenders

Occupation (3122) - 2022-Q1

  • 141k, Workforce
  • $5.58k MX, Average monthly salary
  • 35.8, Average age
  • 42, Weekly hours worked
  • 5.26, Weekly days worked
  • 2.64%, Workforce with second job
  • 28.7%, Informal Workforce
  • 12.7, Average years of Schooling

About Collectors, Payers and Lenders

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The workforce of Collectors, Payers and Lenders during first quarter of 2022 was 141k people, whose salary averaged $5.58k MX working around 42 hours per week.

The average age of Collectors, Payers and Lenders was 35.8 years. The workforce was distributed in 55% men with an average salary of $5.76k MX and, 45% women with average salary of $5.35k MX.

The best average salaries received by Collectors, Payers and Lenders were in Baja California ($15.5k MX), Zacatecas ($10.8k MX), and Nayarit ($9k MX) while the workforce was larger in Estado de México (17.2k), Ciudad de México (16.9k), and Veracruz de Ignacio de la Llave (14.9k).

In terms of industries, the best average salaries were in Employment Services ($17.2k MX), Manufacture of Computer, Communication, Measurement and other Equipment, Electronic Components and Accessories ($16k MX), and Electronic and Precision Equipment Repair and Maintenance ($14k MX), while the workforce was concentrated on Business Administration Services (33.6k), Nondepository Credit Intermediation (30.8k), and Retail Trade of Furniture for Home and other Household Goods (9.64k).

41.7% of the total informal workers correspond to women with an average salary of $3.4k MX and 58.3% to men with an average salary of $4.08k MX.

At the level of states, Oaxaca had the highest percentage of informal workers with 85.5% corresponding to 2.1k from 2.46k workers, while the state with the lowest percentage of informal workers was Durango with a 7.42% corresponding to 126 from 1.7k workers.

Workforce and Salaries Evolution

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  • 141k, Workforce 2022-Q1
  • $5.58k MX, Average monthly salary 2022-Q1

At first quarter of 2022, the people who worked as Collectors, Payers and Lenders were 141k being a 20.1% higher than the fourth quarter of 2021. (118k).

In the same period, an average salary of $5.58k MX was observed, registering a drop of 7.31%, compared to the fourth quarter of 2021 ($6.01k MX).

Workforce by State

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The states with the highest number of Collectors, Payers and Lenders during the first quarter of 2022 were Estado de México (17.2k), Ciudad de México (16.9k), and Veracruz de Ignacio de la Llave (14.9k)

Comparing the first quarter of 2021 and the first quarter of 2022, the main positive variations occurred in Estado de México and Ciudad de México with an increase of 11.3k (194%) and 7.03k (70.9%), respectively. On the other hand, the negative variations were accentuated in Baja California and Nuevo León with a decrease of 3.17k (51.1%) and 2.11k (21.5%), respectively.

Salaries by State

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The states with the best average salaries for Collectors, Payers and Lenders during first quarter of 2022 were Baja California ($15.5k MX), Zacatecas ($10.8k MX), and Nayarit ($9k MX)

Comparing the first quarter of 2021 and the first quarter of 2022, the positive salary growth was higher in Baja California and Coahuila de Zaragoza with an increase of $9.11k MX (142%) and $3.35k MX (79%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Nuevo León and Puebla with a decrease of $6.24k MX (48.2%) and $6.03k MX (71%), respectively.

Average Salary and Workforce by Sex and Age

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Average Age 2022-Q1

  • 36, Women
  • 35.6, Men

At first quarter of 2022, the male workforce in Collectors, Payers and Lenders represented the 55% of the employed population and women 45%. The male and female workforce was higher in the age group 25 to 34 years (26.6k men and 23.2k women).

The highest average salary was $7.03k MX received by women from 35 to 44 years, while the lowest average salary was $3.83k MX received by women 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 (2022-Q1)

  • 13.1, Women
  • 12.5, Men

At first quarter of 2022 the male workforce in Collectors, Payers and Lenders was higher in the educational segment with 10 to 12 years of schooling (39.5k), while the female workforce was higher in the educational segment with 16 to 18 years of schooling (25.4k).

The highest average salary was $6.89k MX received by men with 16 to 18 years of schooling, while the lowest average salary was $4.75k MX received by women 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 Collectors, Payers and Lenders in different industries and economic sectors.

At first quarter of 2022, the workforce was higher in Business Administration Services (27.9%), Nondepository Credit Intermediation (25.6%), and Retail Trade of Furniture for Home and other Household Goods (8%).

In the same period, the best average salaries were received in Employment Services ($17.2k MX), Manufacture of Computer, Communication, Measurement and other Equipment, Electronic Components and Accessories ($16k MX), and Electronic and Precision Equipment Repair and Maintenance ($14k MX).

Labor Informality

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Labor Informality

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Labor Informality 2022-Q1

  • 28.7%, Collectors, Payers and Lenders
  • 55.2%, Average Informality in Mexico

During the first quarter of 2022, the labor informality of Collectors, Payers and Lenders reached a 28.7%, which implied an increase from 6.5 percentage points compared to the fourth quarter of 2021  (22.2%).

The labor informality of this occupation was lower than informality at the country level in 26.5 percentage points during the first quarter of 2022.

Labor Informality by State

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Greater Labor Informality: 85.5%, Oaxaca

Less Labor Informality: 7.42 %, Durango

At first quarter of 2022, the states with the highest rate of labor informality in Collectors, Payers and Lenders were Oaxaca (85.5%), Tlaxcala (78.3%), and Morelos (72.5%).

The states with the lowest informality rate were Coahuila de Zaragoza (11.5%), Baja California (10.7%), and Durango (7.42%).

Labor Informality by Age and Education

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Workforce

The workforce of Collectors, Payers and Lenders during the first quarter of 2022 was higher in the age group with 25 to 34 years concentrating 49.8k workers of which 75.8% corresponds to formal employment (37.7k) and 24.2% to informal employment (12.1k).

Regarding the schooling years, the workforce was higher in the range with 10 to 12 years of schooling concentrating 62.1k workers of which 70.1%  corresponds to formal employment (43.5k) and 29.9% corresponds to informal employment (18.5k).