MX-Mexico Methodology
Updated over a week ago

Population Data

Mexico’s population data was gathered from the country’s National of statistics INEGI (Instituto Nacional de Estadística y Geografia). We were only able to collect a limited number of yearly estimates and thus projections had to be applied to fill in the missing years.

Our population projections are based on two projection models: The Monte Carlo simulation model and the Autoregression Integrated Moving Average (ARIMA) models. Additionally, using historical trends, and assuming the current activity prevails, we were able to establish a reasonable expectation for predicting future population values.

We then applied multiple configurations of each of the two models to find out which model (and which configuration within that model) was most accurate for each of the metropolitan areas of Mexico. Areas hand curated according to the country’s municipalities.

In addition to the LMI data mentioned here Lightcast also offers insights through Global Postings and Global Worker profiles in Mexico.

Labor Market Information (LMI) Data

Mexico’s employment estimates and projections are based on occupation data derived from the country’s 2010 Census published on INEGI. Occupation data is classified according to Sistema nacional de clasificación de ocupaciones 2011 (SINCO 2011).

When creating the occupation supply projections, we took the expected population growth rate from the models mentioned above and applied that same growth rate across the LMI in each of Mexico’s metros. Once we had the projections, we mapped SINCO 2011-based labor estimates to Global Occupations.

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