Labor Force Participation Rate in Mexico increased to 59.80 percent in June from 59.45 percent in May of 2025. This dataset provides - Mexico Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Mexico (LFACTTTTMXQ657S) from Q1 2005 to Q1 2020 about 15 years +, Mexico, labor force, and labor.

Graph and download economic data for Infra-Annual Labor Statistics: Labor Force Male: 15 Years or over for Mexico (LFACTTMAMXA657S) from 2005 to 2022 about 15 years +, Mexico, males, labor force, and labor.

Employment Rate in Mexico decreased to 97.25 percent in May from 97.46 percent in April of 2025. This dataset provides - Mexico Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Mexico remained unchanged at 2.70 percent in June. This dataset provides the latest reported value for - Mexico Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Infra-Annual Labor Statistics: Labor Force Female: 15 Years or over for Mexico (LFACTTFEMXA657S) from 2005 to 2022 about 15 years +, Mexico, females, labor force, and labor.

The State of Veracruz-Llave, commonly known as Veracruz, is the third-largest Mexican state in terms of population, with 7 million, but growing only 1.05 percent per year, which is below the national rate of 1.85 percent. The population of the state is predominantly urban (59 percent) and young (44 percent is 19 years old and younger). Veracruz's indigenous population is the third largest of any Mexican state, and represents close to 10 percent of the state total. Veracruz is one of the poorest states in Mexico. It still is the fifth-largest state in terms of GDP. There are four problems from an economic and social development point of view: (a) inadequate access to communications and public services in rural areas, (b) low productivity of the labor force, (c) low diversification of industries in the northern and southern regions of the state, and (d) lack of a coordinated strategy among government agencies. The following policies address these problems: 1. Develop a coordinated strategy, under the umbrella of the state's six-year development plan, which would support economic growth while improving the ability of the poor to participate in it. 2. Invest in physical capital such as roads and water. Roads are strategic for economic and social development of rural regions. Nevertheless, the authorities need to find a balance between providing overly costly infrastructure to villages, and providing too little, so that the residents have no access to the transport system. Shortage of water in rural areas seriously harms the well being of the population. 3. Invest in human capital, in particular, improve the provision of technical training to rural areas, and improve the quality and relevance of basic and secondary education. In the global economy, workers need the capacity to learn quickly and take advantage of current information and emerging technologies. 4. Analyze the labor market in Veracruz, with a study of its relationship with economic development. 5 . Create a strategic plan for economic development that emphasizes diversifying into high-value industries, including in the northern and southern regions. The state can do little for the oil sector except to lobby for the energy reform, since it is by constitution controlled at the federal level. World market conditions offer little hope for a major comeback in sugarcane and coffee.

Mexico Payroll And HR Solutions And Services Market size was valued at USD 26,500.01 Million in 2023 and is projected to reach USD 55,738.34 Million by 2031, growing at a CAGR of 9.64% from 2024 to 2031.

Mexico Payroll And HR Solutions And Services Market Overview

Payroll and HR solutions and services cover various offers to streamline and manage different parts of human resource management and payroll processing within businesses. At their heart, these solutions seek to automate administrative chores, assure regulatory compliance, and improve efficiency in managing personnel procedures. Payroll processing is an essential component of payroll and HR solutions since it requires precise computing of salaries, deductions, and taxes for employees by local legislation. It guarantees that employees are paid on schedule and without errors, which is critical for employee satisfaction and legal compliance. Another critical part is benefits administration, which includes handling employee benefits such as health insurance, retirement programs, and other employer-provided perks, involving enrolling, making modifications, and ensuring that benefits are provided effectively by employee preferences and legal standards.

HR management software frequently includes recruiting and applicant monitoring modules, making hiring more accessible, from job advertising to onboarding. These solutions expedite applicant sourcing, screening, and hiring procedures, allowing HR teams to effectively discover and onboard the appropriate personnel. Additionally, time and attendance management is required to track employee work hours, leaves, and absences. Modern solutions frequently connect biometric or electronic timekeeping systems with payroll systems to enable precise recording and processing of attendance data, decreasing mistakes and assuring labor law compliance. Furthermore, employee self-service portals are becoming more widespread, allowing employees to access payroll information, perks, and personal data such as tax forms and performance reports. These portals empower workers by providing immediate access to critical HR information while minimizing administrative demands on HR personnel. The Mexican payroll and HR solutions and services market has grown and transformed significantly in recent years, owing to the country's changing legislative framework and the rising use of technology in human resource management.

Companies in Mexico must comply with stringent labor rules and regulations governing payroll processing and human resource management. These rules frequently force firms to comply with stringent reporting requirements, tax duties, and employee perks, which can be challenging to manage without the necessary knowledge and resources. As a result, there is an increasing demand for payroll and HR systems that can automate procedures, maintain compliance, and boost efficiency. The payroll and human resource services sector in Mexico is characterized by various providers offering various solutions customized to the demands of different sectors and company sizes. Large multinational firms and small and medium-sized businesses (SMEs) are increasingly outsourcing payroll and human resources services to specialist service providers. These companies provide payroll processing, tax computation and compliance, employee benefits administration, time and attendance management, and HR analytics.

As the Mexican economy has increased at a steady pace over the five years to 2019, the Temporary Employment Agencies industry in Mexico has grown as well. The industry consists of establishments that temporarily provide their own personnel to other organizations for a specified period. These services support clients during extraordinary seasonal workloads, absences, incapacities or vacations. Industry operators are responsible for all human resource management duties and employees perform work to the specifications of the client. This industry includes modeling agencies, but excludes the placement of agricultural personnel or personnel for an indefinite period of time. Business administration services; recruitment and placement services; protection and security services; real estate cleaning services; landscaping services; and home nursing services are not included in this industry. The representation of artists and creatives, sports figures, coaches and other public figures is also not included in this industry.

As employment levels and the overall Mexican economy has continued to grow, the Employment Agencies industry in Mexico has performed well over the five years to 2019. This industry consists of establishments that recruit, select and place employees for clients. This industry also includes establishments that provide executive placement services. However, this industry excludes establishments that primarily provide human resources consulting services, home nursing services, business administration services and those that provide their own personnel to clients for specific or indefinite periods of time. This industry also includes online providers of recruiting services, such as online job boards. However, operators of these job boards must be physically located in Mexico to be included within this industry.

Abstract

This research was conducted in Mexico between August 2010 and June 2011 as part of the Latin America and Caribbean (LAC) Enterprise Survey 2010, an initiative of the World Bank. Data from 1480 establishments was analyzed. Stratified random sampling was used to select the surveyed businesses.

The objective of the study is to obtain feedback from enterprises in client countries on the state of the private sector as well as to help in building a panel of enterprise data that will make it possible to track changes in the business environment over time, thus allowing, for example, impact assessments of reforms. Through face-to-face interviews with firms in the manufacturing and services sectors, the survey assesses the constraints to private sector growth and creates statistically significant business environment indicators that are comparable across countries.

The standard Enterprise Survey topics include firm characteristics, gender participation, access to finance, annual sales, costs of inputs/labor, workforce composition, bribery, licensing, infrastructure, trade, crime, competition, capacity utilization, land and permits, taxation, informality, business-government relations, innovation and technology, and performance measures. Over 90% of the questions objectively ascertain characteristics of a country’s business environment. The remaining questions assess the survey respondents’ opinions on what are the obstacles to firm growth and performance.

Geographic coverage

National

Analysis unit

The primary sampling unit of the study is the establishment. An establishment is a physical location where business is carried out and where industrial operations take place or services are provided. A firm may be composed of one or more establishments. For example, a brewery may have several bottling plants and several establishments for distribution. For the purposes of this survey an establishment must make its own financial decisions and have its own financial statements separate from those of the firm. An establishment must also have its own management and control over its payroll.

Universe

The whole population, or the universe, covered in the Enterprise Surveys is the non-agricultural economy. It comprises: all manufacturing sectors according to the ISIC Revision 3.1 group classification (group D), construction sector (group F), services sector (groups G and H), and transport, storage, and communications sector (group I). Note that this population definition excludes the following sectors: financial intermediation (group J), real estate and renting activities (group K, except sub-sector 72, IT, which was added to the population under study), and all public or utilities sectors.

Kind of data

Sample survey data [ssd]

Sampling procedure

The study was conducted using stratified random sampling. Three levels of stratification were used in the sample: firm sector, firm size, and geographic region.

Industry stratification was designed in the following way: the universe was stratified into seven manufacturing industries and one "other" manufacturing category, - two services categories, retail and IT, and one "other" services category. Each of the manufacturing categories had a target of 160 interviews; the "other" manufacturing category and the three services categories all had targets of 120 interviews.

Size stratification was defined following the standardized definition for the Enterprise Surveys: small (5 to 19 employees), medium (20 to 99 employees), and large (more than 99 employees). For stratification purposes, the number of employees was defined on the basis of reported permanent full-time workers. This seems to be an appropriate definition of the labor force since seasonal/casual/part-time employment is not a common practice, except in the sectors of construction and agriculture.

Regional stratification was defined in eight locations (city and the surrounding business area): Mexico City, Estado de Mexico (MAMC), Guadalajara, Monterrey, Puebla, Monclova, Veracruz, and Leon.

Ciudad Juarez and Coahuila, which were included in the 2006 round of the Enterprise Surveys, were omitted in 2010 due to security concerns.

For Mexico, two sample frames were used. The first was supplied by the World Bank and consists of enterprises interviewed in Mexico 2006. The World Bank required that attempts should be made to re-interview establishments responding to the Mexico 2006 survey where they were within the selected geographical locations and met eligibility criteria. That sample is referred to as the Panel. The second sample frame was produced from the 2009 Economic Census of INEGI (Instituto Nacional de Geografía e Informática), the national bureau of statistics.

INEGI's database uses the SCIAN 2007 classification for economic activities while the Enterprise Surveys are based on the ISIC classification. Therefore, a conversion between the two classifications was made.

The two sample frames were then used for the selection of a sample with the aim of obtaining interviews with 1,600 establishments with five or more employees.

The quality of the frame was assessed at the outset of the project through visits to a random subset of firms and local contractor knowledge. The sample frame was not immune from the typical problems found in establishment surveys: positive rates of non-eligibility, repetition, non-existent units, etc. In addition, the sample frame contained no telephone/fax numbers so the local contractor had to screen the contacts by visiting them. Due to response rate and ineligibility issues, additional sample had to be extracted by the World Bank in order to obtain enough eligible contacts and meet the sample targets.

Given the impact that non-eligible units included in the sample universe may have on the results, adjustments may be needed when computing the appropriate weights for individual observations. The percentage of confirmed non-eligible units as a proportion of the total number of sampled establishments contacted for the survey was 12.55% (1079 out of 8600).

Mode of data collection

Face-to-face [f2f]

Research instrument

The current survey instruments are available: - Core Questionnaire [ISIC Rev.3.1: 45, 50, 51, 52, 55, 60-64, 72]; - Core Questionnaire + Manufacturing Module [ISIC Rev.3.1: 15-37]; - Core Questionnaire + Retail Module [ISIC Rev.3.1: 52]; - Screener Questionnaire.

The "Core Questionnaire" is the heart of the Enterprise Survey and contains the survey questions asked of all firms across the world. There are also two other survey instruments - the "Core Questionnaire + Manufacturing Module" and the "Core Questionnaire + Retail Module." The survey is fielded via three instruments in order to not ask questions that are irrelevant to specific types of firms, e.g. a question that relates to production and nonproduction workers should not be asked of a retail firm. In addition to questions that are asked across countries, all surveys are customized and contain country-specific questions. An example of customization would be including tourism-related questions that are asked in certain countries when tourism is an existing or potential sector of economic growth.

The standard Enterprise Survey topics include firm characteristics, gender participation, access to finance, annual sales, costs of inputs/labor, workforce composition, bribery, licensing, infrastructure, trade, crime, competition, capacity utilization, land and permits, taxation, informality, business-government relations, innovation and technology, and performance measures. The questionnaire also assesses the survey respondents' opinions on what are the obstacles to firm growth and performance.

Cleaning operations

Data entry and quality controls are implemented by the contractor and data is delivered to the World Bank in batches (typically 10%, 50% and 100%). These data deliveries are checked for logical consistency, out of range values, skip patterns, and duplicate entries. Problems are flagged by the World Bank and corrected by the implementing contractor through data checks, callbacks, and revisiting establishments.

Response rate

The number of realized interviews per contacted establishment was 0.17. The estimate is based on the total number of firms contacted including ineligible establishments. This number is the result of two factors: explicit refusals to participate in the survey, as reflected by the rate of rejection (which includes rejections of the screener and the main survey) and the quality of the sample frame, as represented by the presence of ineligible units. The number of rejections per contact was 0.29.

Complete information regarding the sampling methodology, sample frame, weights, response rates, and implementation can be found in "Description of Mexico ES 2010 Implementation" in external resources.

Throughout 2021 and 2022, the quarterly number of employees in the Mexican tourism sector showed a steady growth, reaching nearly *** million workers. This trend continued in the first semester of 2023.

The Mexican hospitality industry is a critical contributor to its economy, with a market size of 22.96 million in 2025, projected to grow at a 5.57% CAGR over the period 2025-2033. The market is segmented into types (chain hotels, independent hotels, service apartments, budget and economy hotels, mid and upper mid scale hotels, luxury hotels), and key players include Palace Resorts, RIU Hotels & Resorts, InterContinental Hotels Group, and Marriott International. The growth drivers include increasing tourism, government initiatives in tourism, and rising disposable income. Key trends shaping the market include the adoption of digital technologies, sustainability initiatives, and the growing popularity of experiential tourism. Despite its robust growth prospects, the industry faces certain restraints, such as a lack of skilled workforce, seasonality in tourism, and competition from neighboring countries. However, the industry remains optimistic about the future, with a focus on innovation and enhancing the overall guest experience. The growth in the hospitality industry is projected across various regions of Mexico, including popular tourist destinations like Cancun, Mexico City, and Acapulco. The industry is expected to contribute significantly to the country's GDP and employment, making it a vital sector for Mexico's economic development. Recent developments include: September 2023: IHG Hotels & Resorts, a prominent player in cloud-based solutions and a major player in the global hotel industry, unveiled an enhanced digital booking platform. Harnessing the capabilities of cloud technology, IHG is revolutionizing the hospitality landscape, offering guests a more streamlined, user-friendly, and expeditious booking process with added options for personalization., November 2022: Marriott International announced the expansion of its luxury portfolio in Mexico through multi-brand, all-inclusive signing agreements with the international developer AB Living Group.. Key drivers for this market are: Growth In The Tourist Attractions Driving The Market, Increased Investments In hotels, Restaurants And Cafes Drives The Market. Potential restraints include: Changing Consumer Preferences And Demands, Digital Skills Gap. Notable trends are: Rising Number of Tourists In Mexico are Driving the Market.

The Mexican aerospace industry, a significant component of the broader Latin American market, is experiencing robust growth, driven by factors such as increasing government investment in infrastructure, a burgeoning domestic aviation sector, and the strategic location of Mexico as a manufacturing hub for global aerospace players. While precise figures for Mexico's specific market size within the provided global context ($11.86 billion) are unavailable, a reasonable estimation, considering Mexico's growing economy and participation in global aerospace supply chains, places its 2025 market value at approximately $500 million. This is based on a proportional assessment considering Mexico's economic activity relative to other Latin American nations and its established role in aerospace manufacturing. This segment is projected to experience a compound annual growth rate (CAGR) mirroring the global average of 14.85% over the forecast period (2025-2033), indicating substantial future expansion. Key growth drivers include increased demand for aircraft maintenance, repair, and overhaul (MRO) services, fueled by a growing domestic airline fleet and increased tourism. Furthermore, Mexico's strategic partnerships with international aerospace companies, coupled with government incentives, are attracting significant foreign direct investment, stimulating innovation and technological advancements within the sector. The industry's growth is further propelled by the ongoing expansion of manufacturing activities, particularly within the aerospace component and subassembly segment. This trend is fostered by Mexico's competitive labor costs, proximity to the US market, and the presence of established industrial clusters. However, challenges remain, including the need for skilled workforce development to meet the growing demand for specialized labor and the continuous need for infrastructure improvements to support larger-scale aerospace manufacturing projects. Overcoming these hurdles will be crucial for maximizing the potential of the Mexican aerospace industry, unlocking its full contribution to the nation's economic growth and solidifying its place within the global aerospace landscape. The segment breakdown—Manufacturing, Engineering and Design, and MRO—reflects the diverse activities shaping this dynamic sector. Continued growth in these areas is expected given Mexico's geographical and economic advantages. This report provides an in-depth analysis of the Mexican aerospace industry, covering the period from 2019 to 2033. We examine market size, growth drivers, challenges, and key players, providing crucial insights for businesses and investors seeking opportunities within this dynamic sector. Utilizing data from the base year 2025 and projecting to 2033, this report will be invaluable to those seeking a robust understanding of the Mexican aerospace market. Keywords: Mexican aerospace industry, aerospace manufacturing Mexico, aerospace maintenance Mexico, Mexican aviation industry, aerospace engineering Mexico, aerospace MRO Mexico, aerospace market size Mexico, Mexican aerospace market forecast, aerospace investment Mexico Recent developments include: January 2024: the Mexican government announced that they plan to acquire Mexicana MRO Services and further improve the services of the company in the Mexican commercial aviation sector. As of the current scenario, the eight-line MRO facility offers heavy maintenance, line maintenance, component repair, and painting services, as well as provides freighter conversions for Boeing 767 under an agreement with the Israel Aerospace Industry., December 2023: The Mexican aviation authorities announced the relaunch of the former state airline Mexicana de Aviacion with plans to increase the operations of the airline with the acquisition of 10 additional aircraft by 2024.. Notable trends are: The Manufacturing Segment Will Showcase Remarkable Growth During the Forecast Period.

The U.S. And Mexico Metal Stamping Market size was valued at USD 53.0 billion in 2023 and is projected to reach USD 71.64 billion by 2032, exhibiting a CAGR of 4.4 % during the forecasts period.The metal stamping industry in the United States and Mexico plays a pivotal role within their respective manufacturing sectors, specializing in the production of precise metal components for various industries. Metal stamping entails shaping and forming metal sheets or coils using stamping presses and dies, a process extensively utilized in the automotive, aerospace, electronics, and appliance sectors for manufacturing complex parts at high volumes with exacting tolerances. In the United States, the metal stamping sector thrives on robust demand from the automotive industry, where stamped components are essential for vehicle bodies, chassis, and engine parts. This industry benefits from advanced manufacturing capabilities such as computer numerical control (CNC) machining and robotic automation, ensuring efficient production while upholding stringent quality standards. Additionally, metal stamping plays a critical role in the aerospace sector, contributing durable and reliable parts crucial for aircraft applications. Conversely, Mexico's metal stamping market capitalizes on its strategic location as a manufacturing hub with close proximity to the U.S. market. The country boasts a skilled labor force, competitive operational costs, and advantageous free trade agreements, attracting substantial investments from multinational corporations aiming to streamline supply chains and boost production efficiency. Mexico's automotive industry is a cornerstone of its metal stamping sector, supported by a robust network of suppliers and manufacturers serving both domestic markets and exporting to North America and beyond. Key drivers for this market are: Metal stampings are essential in various industrial applications beyond automotive, including aerospace, electronics, construction, and consumer goods. The growth of these industries in both countries boosts the demand for metal stamped parts.. Potential restraints include: Labor costs in the US can be higher compared to offshore locations, impacting the competitiveness of metal stamping manufacturers.. Notable trends are: There is a growing trend towards lightweight materials in automotive and aerospace industries, driving demand for advanced high-strength steel, aluminum alloys, and composites in metal stampings..

The size of the Mobile Workforce Management Market was valued at USD 5.80 Billion in 2023 and is projected to reach USD 12.66 Billion by 2032, with an expected CAGR of 11.80% during the forecast period. The Mobile Workforce Management Market is experiencing robust growth driven by the increasing adoption of digital solutions to optimize workforce efficiency, productivity, and flexibility. Organizations across industries are leveraging mobile workforce management tools to streamline scheduling, dispatching, and real-time communication with field employees. These solutions often integrate with GPS, cloud-based systems, and analytics, enabling seamless task allocation and tracking. The demand for such tools is fueled by the growing trend of remote work and the need for real-time data-driven decision-making. Key industries, including telecommunications, utilities, healthcare, and retail, are embracing these technologies to enhance operational efficiency while reducing costs. Advancements in AI and IoT are further transforming the market by enabling predictive analytics and automation. Challenges such as data security and integration complexities persist, but continuous innovation and strategic collaborations among providers are addressing these issues. As businesses prioritize digital transformation, the mobile workforce management market is poised for significant expansion, driven by the rising need for flexibility and efficiency in managing distributed teams in dynamic environments. Recent developments include: March 2021: The launch of the Fleet Complete service in Mexico was announced by OnStar Mexico, the security and connectivity service offered by General Motors. Companies can more effectively manage their fleets of vehicles due to this new online platform. Fleet Complete is a top supplier of connected vehicle technology, offering mobile workforce management, asset management, and fleet management solutions that are essential to business operations., January 2019: Workforce Dimensions, the company's cloud suite, improved how retail, hotel, and food services are executed. Forecasting labor volume in the workforce dimension will improve due to Artificial Intelligence for Managers and Employees (AIMEE), an AI engine. Due to machine learning, scheduling will be considerably more dependable and predictable. Even better strategic problem-solving will result from embedded predictive analytics and proactive compliance capabilities.. Key drivers for this market are: Growing demand for remote work and flexible work arrangements Need for improved workforce efficiency and productivity Increasing adoption of mobile devices for business purposes Growing awareness of the benefits of data analytics in workforce management Government initiatives promoting mobile technologies. Potential restraints include: Data security and privacy concerns Integration challenges with existing systems Limited access to reliable internet connectivity in certain regions Cost of implementation and maintenance Lack of skilled professionals for MWM solution deployment and management. Notable trends are: Gamification for workforce engagement Predictive analytics for workforce planning Use of augmented reality for training and remote assistance Integration of IoT devices for real-time visibility Growing adoption of wearable technology for workforce management.

countries capital city Mexico City. name, long name, population (source), population, constitutional form, drives on, head of state authority, Main continent, number of airports, Airports - with paved runways, Airports - with unpaved runways, Area, Birth rate, calling code, Children under the age of 5 years underweight, Current Account Balance, Death rate, Debt - external, Economic aid donor, Electricity consumption, Electricity consumption per capita, Electricity exports, Electricity imports, Electricity production, Exports, GDP - per capita (PPP), GDP (purchasing power parity), GDP real growth rate, Gross national income, Human Development Index, Health expenditures, Heliports, HIV AIDS adult prevalence rate, HIV AIDS deaths, HIV AIDS people living with HIV AIDS, Hospital bed density, capital city, Currency, Imports, Industrial production growth rate, Infant mortality rate, Inflation rate consumer prices, Internet hosts, internet tld, Internet users, Investment (gross fixed), iso 3166 code, ISO CODE, Labor force, Life expectancy at birth, Literacy, Manpower available for military service, Manpower fit for military service, Manpower reaching militarily age annually, is democracy, Market value of publicly traded shares, Maternal mortality rate, Merchant marine, Military expenditures percent of GDP, Natural gas consumption, Natural gas consumption per capita, Natural gas exports, Natural gas imports, Natural gas production, Natural gas proved reserves, Net migration rate, Obesity adult prevalence rate, Oil consumption, Oil consumption per capita, Oil exports, Oil imports, Oil production, Oil proved reserves, Physicians density, Population below poverty line, Population census, Population density, Population estimate, Population growth rate, Public debt, Railways, Reserves of foreign exchange and gold, Roadways, Stock of direct foreign investment abroad, Stock of direct foreign investment at home, Telephones main lines in use, Telephones main lines in use per capita, Telephones mobile cellular, Telephones mobile cellular per capita, Total fertility rate, Unemployment rate, Unemployment, youth ages 15-24, Waterways, valley, helicopter, canyon, artillery, crater, religion, continent, border, Plateau, marsh, Demonym

In 2023, the mining and metallurgy industry in Mexico employed approximately *** thousand people, a slight increase from a year earlier. Between 2012 and 2019, employment in the Mexican sector had increased continually, with a compound growth of **** percent. Mexico's mining and metallurgy production has constantly increased since 2019.

In 2023, approximately ****** people worked in the pharmaceutical industry in Mexico, down from around ****** employees reported a year earlier. This figure increased by around ** percent between 2018 and 2023. During the last year depicted, the number of pharmaceutical establishments within the local manufacturing indutry amounted to nearly 100.

In 2023, the average wage in Mexico achieved its highest level since 2009, amounting to around 20,090 U.S. dollars per year. Moreover, the average annual wage increased for the third consecutive year. Employment conditions In light of the crucial role that employment plays as a primary source of income, perceiving their working conditions to be poor, a sentiment held by nearly half of Mexico's workforce. Furthermore, the distribution of working hours skews towards non-monetarily compensated positions, particularly impacting the female demographic on households. This imbalance poses challenges to sustaining motivation. Informal employment also exhibits a higher prevalence among females, presenting regulatory complexities. Furthermore, a perceived gender-based disparity in employment opportunities subsists, amplifying the overarching concerns. As these factors coalesce, one out of every two individuals' harbors apprehensions about potential job loss. Salaries vs. Life expenses In 2023, the minimum wage has witnessed a considerable increase. Nevertheless, it continues to fall short of meeting essential living costs. Calculations indicate that a worker should ideally earn at least twice the amount of the latest increment to adequately cover these necessary expenses. A significant portion of the population—approximately one-third—finds itself residing beneath the threshold of basic food basket expenses. Consequently, Mexico ranks as the country where grocery expenses constitute the highest percentage of earnings. Furthermore, this predicament disproportionately impacts women, as they are often remunerated at lower wage rates.