Accountants and Auditors

Occupation (2121) - 2021-Q2

  • 406k, Workforce
  • $6.41k MX, Average monthly salary
  • 42.2, Average age
  • 40.5, Weekly hours worked
  • 5.08, Weekly days worked
  • 5.29%, Workforce with second job
  • 10.5%, Informal Workforce
  • 16.5, Average years of Schooling

About Accountants and Auditors

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The workforce of Accountants and Auditors during second quarter of 2021 was 406k people, whose salary averaged $6.41k MX working around 40.5 hours per week.

The average age of Accountants and Auditors was 42.2 years. The workforce was distributed in 55.8% men with an average salary of $6.24k MX and, 44.2% women with average salary of $6.62k MX.

The best average salaries received by Accountants and Auditors were in Coahuila de Zaragoza ($14.3k MX), San Luis Potosí ($11.4k MX), and Sonora ($11.4k MX) while the workforce was larger in Estado de México (55.6k), Ciudad de México (49.4k), and Jalisco (39.6k).

In terms of industries, the best average salaries were in Manufacture of Accessories, Electrical Appliances and Equipment Power Generation ($31.3k MX), Accounting, Tax Preparation, Bookkeeping, and Payroll Services ($30k MX), and Residential Building Construction ($18.6k MX), while the workforce was concentrated on Legal Services (193k), Regulation and Promotion of Economic Development (4.4%), and Retail Trade of Cars and Trucks (10.9k).

43.8% of the total informal workers correspond to women with an average salary of $5.12k MX and 56.2% to men with an average salary of $3.27k MX.

At the level of states, Guerrero had the highest percentage of informal workers with 37.3% corresponding to 3.04k from 8.16k workers, while the state with the lowest percentage of informal workers was Sinaloa with a 2.97% corresponding to 321 from 10.8k workers.

Workforce and Salaries Evolution

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  • 406k, Workforce 2021-Q2
  • $6.41k MX, Average monthly salary 2021-Q2

At second quarter of 2021, the people who worked as Accountants and Auditors were 406k being a 2.4% higher than the first quarter of 2021. (396k).

In the same period, an average salary of $6.41k MX was observed, registering a drop of 0.3%, compared to the first quarter of 2021 ($6.43k MX).

Workforce by State

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Top 1 Workforce 2021-Q2: 55.6k, Estado de México

Greater Increase in Workforce 2021-Q1/ 2021-Q2: 12.8k, Estado de México

Greater Decrease in Workforce 2021-Q1/ 2021-Q2: 8.69k, Sonora

The states with the highest number of Accountants and Auditors during the second quarter of 2021 were Estado de México (55.6k), Ciudad de México (49.4k), and Jalisco (39.6k)

Comparing the first quarter of 2021 and the second quarter of 2021, the main positive variations occurred in Estado de México and Nuevo León with an increase of 12.8k (29.9%) and 7.37k (33.8%), respectively. On the other hand, the negative variations were accentuated in Sonora and Tamaulipas with a decrease of 8.69k (39.6%) and 4.39k (24.5%), respectively.

Salaries by State

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Top 1 Average Salary 2021-Q2: $14.3k MX, Coahuila de Zaragoza

Greater Salary Increase 2021-Q1 / 2021-Q2: $4.92k MX, Querétaro

Greater Salary Decrease 2021-Q1 / 2021-Q2: $4.92k MX, Baja California Sur

The states with the best average salaries for Accountants and Auditors during second quarter of 2021 were Coahuila de Zaragoza ($14.3k MX), San Luis Potosí ($11.4k MX), and Sonora ($11.4k MX)

Comparing the first quarter of 2021 and the second quarter of 2021, the positive salary growth was higher in Querétaro and Coahuila de Zaragoza with an increase of $4.92k MX (130%) and $4.45k MX (45.1%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Baja California Sur and Tamaulipas with a decrease of $4.92k MX (37%) and $4.13k MX (34.6%), respectively.

Average Salary and Workforce by Sex and Age

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Average Age 2021-Q2

  • 40.4, Women
  • 43.6, Men

At second quarter of 2021, the male workforce in Accountants and Auditors represented the 55.8% of the employed population and women 44.2%. The male and female workforce was higher in the age group 45 to 54 years (64.1k men and 54.9k women).

The highest average salary was $7.4k MX received by women from 25 to 34 years, while the lowest average salary was $4.26k 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-Q2)

  • 16.5, Women
  • 16.5, Men

During the second quarter of 2021, male and female workforce in Accountants and Auditors was concentrated in the educational segment with 16 to 18 years of schooling (215k men and 171k women).

The highest average salary was $6.68k MX received by women with 16 to 18 years of schooling, while the lowest average salary was $6.16k 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.

Workforce and Salaries Distribution by Industries

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The visualization shows the distribution of Accountants and Auditors in different industries and economic sectors.

At second quarter of 2021, the workforce was higher in Legal Services (59%), Regulation and Promotion of Economic Development (4.4%), and Retail Trade of Cars and Trucks (3.34%).

In the same period, the best average salaries were received in Manufacture of Accessories, Electrical Appliances and Equipment Power Generation ($31.3k MX), Accounting, Tax Preparation, Bookkeeping, and Payroll Services ($30k MX), and Residential Building Construction ($18.6k MX).

Labor Informality

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Labor Informality

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Labor Informality 2021-Q2

  • 10.5%, Accountants and Auditors
  • 56.1%, Average Informality in Mexico

During the second quarter of 2021, the labor informality of Accountants and Auditors reached a 10.5%, which implied an increase from 2.46 percentage points compared to the first quarter of 2021  (8.01%).

The labor informality of this occupation was lower than informality at the country level in 45.6 percentage points during the second quarter of 2021.

Labor Informality by State

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Greater Labor Informality: 37.3%, Guerrero

Less Labor Informality: 2.97 %, Sinaloa

At second quarter of 2021, the states with the highest rate of labor informality in Accountants and Auditors were Guerrero (37.3%), Tlaxcala (36.6%), and Morelos (27.9%).

The states with the lowest informality rate were Jalisco (3.55%), Coahuila de Zaragoza (3.17%), and Sinaloa (2.97%).

Labor Informality by Age and Education

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Workforce

The workforce of Accountants and Auditors during the second quarter of 2021 was higher in the age group with 45 to 54 years concentrating 119k workers of which 91.3% corresponds to formal employment (109k) and 8.7% to informal employment (10.4k).

Regarding the schooling years, the workforce was higher in the range with 16 to 18 years of schooling concentrating 386k workers of which 89.6%  corresponds to formal employment (346k) and 10.4% corresponds to informal employment (40.2k).