Mexico - Real Wages & Salaries





Mexico: Real Wages & Salaries

Mnemonic YPEWS$.IMEX
Unit Index 2008=100, NSA
Adjustments Not Seasonally Adjusted
Monthly 5.42 %
Data Jun 2019 104.7
May 2019 110.7

Series Information

Source Instituto Nacional de Estadística Geografia e Informática (INEGI)
Release Wages and Earnings
Frequency Monthly
Start Date 1/31/2007
End Date 6/30/2019

Mexico: Labor

Reference Last Previous Units Frequency
Unemployment Rate Feb 2024 2.45 2.85 %, NSA Monthly
Agriculture Employment 2023 Q4 6,438,089 6,712,568 #, NSA Quarterly
Labor Force 2023 Q4 61,042,968 60,992,668 #, NSA Quarterly
Labor Force Employment 2023 Q4 59,403,947 59,167,472 #, NSA Quarterly
Primary Industries Employment 2023 Q4 6,438,089 6,712,568 #, NSA Quarterly
Secondary Industries Employment 2023 Q4 14,909,203 14,712,831 #, NSA Quarterly
Tertiary Industries Employment 2023 Q4 37,678,365 37,358,994 #, NSA Quarterly
Total Employment 2023 Q4 59,403,947 59,167,472 #, NSA Quarterly
Unemployment 2023 Q4 1,639,021 1,825,196 #, NSA Quarterly
Wage & Salaries 2022 6,959,064 6,178,770 Mil. MXN Annual
Real Wages & Salaries Jun 2019 104.7 110.7 Index 2008=100, NSA Monthly

Release Information

For Mexico, survey-based measures of earnings, employment, and hours worked in the manufacturing industry. Broken out by salary/wage/benefits, and by workers/employees.

Active:

  • Program: Encuesta Mensual de la Industria Manufacturera (EMIM)
  • Measurements: 
    • Fixed-base index relative to 2013 (Index 2013=100)
    • Thousands of Mexican pesos (Ths. MXN)
  • Adjustment: Not seasonally adjusted (NSA) 
  • Native frequency: Monthly
  • Start date: Uniformly 2007m1

Predecessors:

  • 2008=100 - 2007m1 to 2019m6 ("_08")
  • 2003=100 - 2005m1 to 2010m12 ("03")
  • CMAP survey - 1994m1 to 2008m12 ("_08")

The Monthly Industrial Survey (EIM) has a coverage of 205 classes of activity.

The conceptual design of the EIA considers the International Recommendations issued by the Statistics Division of the United Nations (UN), together with the results of the Industrial Census conducted by the INEGI in Mexico.

The information contained in this release is generated by INEGI using the Monthly Industrial Survey and is known on the date stated in the Schedule Broadcast Information Coyuntura.

The keys used to identify the types of economic activity relate to the classification of Mexican Activities and Products (CMAP) 1994, which has as a general reference the International Standard Industrial Classification (ISIC), developed by the UN.

The target population consists of manufacturing, defined as any economic unit that has a unique location, bordered by buildings and fixed installations, combining resources under a single ownership or control, on their own or third party (outsourcing), and performs activities of assembly, processing, and partial or total transformation of raw materials resulting in the production of goods and related services, including primarily on one kind of economic activity.

The statistical frame of reference is the Industrial Census is conducted every five years, so the directory is the population census of the establishments which are not 100% maquiladora export, then select the main kind of activity and facilities larger, variable selection is the production value.

The sampling scheme is deterministic. This was incorporated establishments to cover up the sample for each type of activity selected 80% of the value of production reported in the 1994 Industrial Census, except in those activities in which the number of observation units is very large for which allocates a fixed amount of 100 establishments. It is also noted that there is a group of classes in which production is highly concentrated in a limited number of establishments, joining them in this case.

The survey period is 15 working days of each month, where the collection of information is done in part through interviews deferred, ie, it refers in the first instance and then the questionnaire is to collect information. The other part is captured through an electronic questionnaire via the Internet.

Yes, whenever there are updates in the Extended Monthly Industrial Survey (EIMA).