At the end of the third quarter of this year, Mexico City, Querétaro and Yucatán were the states that registered the largest annual reductions in labor poverty, due to increases in their real income.
According to data from the National Council for the Evaluation of Social Development Policy (Coneval), labor poverty affects 22.7% of the population of the country’s capital, 28.0% in Yucatán and 30.3% in Querétaro.
In Querétaro, this percentage registered a drop of 6.6 percentage points, compared to the third quarter of 2023 when it was 36.9 percent.
With this result, Querétaro was the second state with the largest annual drop in the labor poverty indicator; in first place is Mexico City with a drop of 7.8 percentage points, going from 30.6 to 22.7 percent.
For its part, Yucatán went from 34.1 to 28% in the reference period. In the quarterly comparison, Querétaro also stood out among the states with the greatest reduction in labor poverty, with 4.1 percentage points less between the second and third quarter of 2024, from 34.4 to 30.3 percent.
During the first months of 2024, Querétaro maintained a constant decline in labor poverty, after closing the fourth quarter of 2023 with 39% of the population in these conditions, in the first quarter of 2024 it was reduced to 37.2%, in the second quarter to 34.4% and in the third quarter to 30.3 percent.
Through this indicator, Coneval estimates the percentage of the population that has a labor income lower than the monetary value of the food basket.
In the third quarter, Querétaro was one of the 28 states where the percentage of its population in these conditions decreased annually; the same as the national indicator, which decreased by 2.3 percentage points (from 37.3 to 35.1 percent).
Among the 32 federal entities, Querétaro ranked 15th in labor poverty, where the first five places registered the lowest indicators of population with an income below the value of the food basket.
Thus, in first place was Baja California Sur (16%); followed by Baja California (20%), Quintana Roo (21.3%), Colima (21.5%) and Nuevo León (21.7%); in the last places, with the highest levels of labor poverty are Chiapas (62.3%), Oaxaca (60.5%), Guerrero (55.9%), Veracruz (46.8%) and Morelos (45.4 percent).
Labor income increases
In the July-September quarter of 2024, labor income per capita rose to 3,484.93 pesos in Querétaro, giving a quarterly increase of 7%, since in the previous period it was 3,258 pesos.
Likewise, it reflected an annual increase of 11.2% in relation to the 3,135.18 pesos recorded in the same quarter of 2023, that is, in one year it earned 349.75 pesos.
The increase recorded in Querétaro exceeded the national average of 7.1% annually, because real labor income per capita went from 3,124.26 to 3,346.45 pesos.
Source: eleconomista
