Market Intelligence Reports

Latin America Market Report Q1 2023

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Talent Solutions – Latin America Q1 2023 | 15 Monterrey, NL Annual Salary Hourly Pay Rate Annual Salary Hourly Pay Rate Annual Salary Hourly Pay Rate Annual Salary Hourly Pay Rate Annual Salary Hourly Pay Rate Healthcare Banking & Financial Services Technology Manufacturing All Industries Data Analyst 194,675 89 Data Analyst 252,221 112 Business Analyst 449,025 215 Driver 221,140 103 Call Center Rep. 151,729 71 $10,945 $5.00 $14,185 $6.35 $25,250 $12.10 $12,435 $5.75 $8,530 $4.00 Database Admin. 276,966 134 Financial Analyst 438,035 204 Database Devel. 504,090 241 Production Worker 120,086 59 Customer Serv.Rep 162,791 78 $15,575 $7.50 $24,635 $11.45 $28,345 $13.55 $6,755 $3.30 $9,155 $4.40 Network Engineer 341,980 160 Info. Sys. Admin. 423,586 203 Software Devel. 488,483 238 Warehouser 65,828 34 Retail/ Cashier 79,568 39 $19,230 $9.00 $23,820 $11.40 $27,470 $13.40 $3,700 $1.90 $4,475 $2.20 TalentNeuron As at Q1 2023 2022 2021 2020 Total Labor Force (000s) 2,121 2,097 2,088 1,999 Employed Workers (000s) 2,047 2,018 1,996 1,932 Unemployed Workers (000s) 74 79 92 68 Unemployment Rate 3.5% 3.8% 4.4% 3.4% In Mexico, minimum wages are implemented on a daily rate. The General minimum wage is MXN 207.44 per day (8 hours). There are 61 professional minimum wages based on occupation. The last minimum wage increase was in January and it represented an increase of 20%. Minimum wages in the Free Trade Zone which borders the US are much higher. Minimum Wages Employed Population by Income received in the Number of Minimum Wages Hiring Demand Trend for All Positions Hiring Demand Trend by Selected Job Function Labor Statistics Change in Labor Statistics Over Time Selected Positions with Indicative Annual Salary and Hourly Pay

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