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In 2020, Mexico's middle class comprised 42.2% of households and 37.2% of the population, a slight decline from 2018. The average age of household heads was 40, with 3.1 members per household.
The National Employment Law Project highlights that switch in a new report from which I've borrowed the graph below. Mid-wage jobs, such as construction trades and secretaries, accounted for 60 ...
HR teams may need to consider this gap to remain competitive in talent acquisition and retention.
Income needed to be considered middle class: $39,783 – $119,348 Median household income: $59,674 (7th lowest of 50 states) Avg. income among poorest 20% of households: $11,401 (5th lowest of 50 ...
Additionally, while measures of average hourly earnings for all workers remain around 2.5 percent, growth for goods-producing workers is spiking, with wages up 3.5 percent over the past year.
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