Economy and Employment in Charo

Complete economic analysis of Charo, Michoacán de Ocampo. The Economically Active Population is 12,332 people. The municipality has 498 economic establishments registered in the DENUE. Sources: Population Census 2020 (INEGI), DENUE and CONEVAL.

Employment and Economic Activity in Charo

Employment data from the 2020 Population and Housing Census. In Charo, 12,213 people are employed and 119 unemployed, with an unemployment rate of 1%. The economically inactive population totals 7,789 people.

Total EAP
12,332
M: 7,997 / F: 4,335
Employed Population
12,213
M: 7,904 / F: 4,309
Unemployment Rate
1%
119 unemployed people
Economically Inactive
7,789
M: 3,084 / F: 4,705

Health Coverage in Charo

Social security coverage of the population of Charo according to the 2020 Census. 12,489 people have health coverage (49.7% of the population), while 12,623 have no access (50.2%).

Institution Beneficiaries % of Population
With health coverage (total) 12,489 49.7%
IMSS 5,090 20.2%
ISSSTE 633 2.5%
ISSSTE (state) 8 0%
Pemex, Defense or Navy 13 0.1%
Seguro Popular / INSABI 6,340 25.2%
IMSS Bienestar 224 0.9%
Private insurance 216 0.9%
Other institution 44 0.2%
Without health coverage 12,623 50.2%

Companies by Economic Sector in Charo

Distribution of the 498 economic establishments registered in the National Statistical Directory of Economic Units (DENUE) by INEGI, classified by economic activity sector (SCIAN). View full business directory.

Sector Establishments % 0-5 emp. 6-10 emp. 11-30 emp. 31+ emp.
Comercio al por menor 255 51.2% 253 1 1 0
Otros servicios excepto actividades gubernamentales 68 13.7% 65 3 0 0
Servicios de alojamiento y preparación de alimentos 61 12.2% 54 3 4 0
Industrias manufactureras 38 7.6% 32 4 1 1
Actividades legislativas, gubernamentales 18 3.6% 11 5 1 1
Servicios educativos 15 3% 4 4 6 1
Industrias manufactureras 11 2.2% 11 0 0 0
Industrias manufactureras 9 1.8% 9 0 0 0
Servicios inmobiliarios 9 1.8% 9 0 0 0
Servicios profesionales, científicos y técnicos 4 0.8% 3 1 0 0
Servicios de apoyo a los negocios 4 0.8% 4 0 0 0
Servicios financieros y de seguros 3 0.6% 3 0 0 0
Minería 1 0.2% 0 1 0 0
Construcción 1 0.2% 0 0 1 0
Transportes, correos y almacenamiento 1 0.2% 0 0 1 0

Evolution of the Number of Companies in Charo

Evolution of the total economic establishments registered in the DENUE since 2015.

Period Total Establishments Change
2015 392 -
March 2017 59 -84.9%
March 2018 395 +569.5%
November 2018 394 -0.3%
April 2019 396 +0.5%
November 2019 356 -10.1%
April 2020 412 +15.7%
November 2020 414 +0.5%
May 2021 416 +0.5%
November 2021 416 0%
May 2022 242 -41.8%
November 2022 345 +42.6%
November 2023 204 -40.9%
May 2024 302 +48%
November 2024 446 +47.7%

Poverty and Social Development in Charo

Multidimensional poverty indicators for Charo according to CONEVAL (2015). 56.3% of the population lives in poverty and 8.6% in extreme poverty.

Poverty
56.3%
13,269 people
Extreme Poverty
8.6%
2,021 people
Vulnerable by Deprivation
34.6%
8,162 people
Not Poor or Vulnerable
6.1%
1,443 people

Social Deprivation (CONEVAL 2015)

Deprivation % People
Educational lag 28.1% 6,619
Lack of access to health services 20.6% 4,849
Lack of access to social security 78.6% 18,531
Lack of housing quality and space 14% 3,293
Lack of access to basic housing services 29.3% 6,899
Lack of access to food 22.4% 5,287
Income below welfare line 59.2% 13,959
Income below minimum welfare line 19.5% 4,602

Poverty Evolution in Charo

Year Poverty Extreme Poverty Vulnerable Not Poor Gini
2010 46.3% 7% 43.7% 7.1% 0
2015 56.3% 8.6% 34.6% 6.1% 0