Economy and Employment in La Piedad

Complete economic analysis of La Piedad, Michoacán de Ocampo. The Economically Active Population is 53,172 people. The municipality has 6,413 economic establishments registered in the DENUE. Sources: Population Census 2020 (INEGI), DENUE and CONEVAL.

Employment and Economic Activity in La Piedad

Employment data from the 2020 Population and Housing Census. In La Piedad, 52,432 people are employed and 740 unemployed, with an unemployment rate of 1.4%. The economically inactive population totals 30,898 people.

Total EAP
53,172
M: 31,421 / F: 21,751
Employed Population
52,432
M: 30,896 / F: 21,536
Unemployment Rate
1.4%
740 unemployed people
Economically Inactive
30,898
M: 8,627 / F: 22,271

Health Coverage in La Piedad

Social security coverage of the population of La Piedad according to the 2020 Census. 70,659 people have health coverage (66.4% of the population), while 35,751 have no access (33.6%).

Institution Beneficiaries % of Population
With health coverage (total) 70,659 66.4%
IMSS 41,642 39.1%
ISSSTE 6,987 6.6%
ISSSTE (state) 112 0.1%
Pemex, Defense or Navy 41 0%
Seguro Popular / INSABI 21,065 19.8%
IMSS Bienestar 91 0.1%
Private insurance 968 0.9%
Other institution 475 0.4%
Without health coverage 35,751 33.6%

Companies by Economic Sector in La Piedad

Distribution of the 6,413 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 3,068 47.8% 2,871 131 51 15
Otros servicios excepto actividades gubernamentales 1,154 18% 1,102 45 5 2
Servicios de alojamiento y preparación de alimentos 739 11.5% 637 75 24 3
Industrias manufactureras 364 5.7% 291 43 20 10
Industrias manufactureras 196 3.1% 177 14 4 1
Servicios profesionales, científicos y técnicos 190 3% 172 13 5 0
Servicios educativos 165 2.6% 60 42 44 19
Servicios inmobiliarios 137 2.1% 132 4 1 0
Industrias manufactureras 105 1.6% 93 6 3 3
Servicios financieros y de seguros 100 1.6% 71 13 14 2
Servicios de apoyo a los negocios 68 1.1% 62 3 3 0
Actividades legislativas, gubernamentales 61 1% 26 10 16 9
Transportes, correos y almacenamiento 30 0.5% 13 7 7 3
Construcción 24 0.4% 11 2 5 6
Transportes, correos y almacenamiento 12 0.2% 8 2 2 0

Evolution of the Number of Companies in La Piedad

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

Period Total Establishments Change
2015 6,016 -
March 2017 532 -91.2%
March 2018 6,099 +1046.4%
November 2018 6,096 -0%
April 2019 6,122 +0.4%
November 2019 5,140 -16%
April 2020 6,328 +23.1%
November 2020 6,367 +0.6%
May 2021 6,522 +2.4%
November 2021 6,559 +0.6%
May 2022 4,169 -36.4%
November 2022 5,338 +28%
November 2023 3,259 -38.9%
May 2024 5,240 +60.8%
November 2024 5,497 +4.9%

Poverty and Social Development in La Piedad

Multidimensional poverty indicators for La Piedad according to CONEVAL (2015). 47.4% of the population lives in poverty and 4.8% in extreme poverty.

Poverty
47.4%
48,936 people
Extreme Poverty
4.8%
4,926 people
Vulnerable by Deprivation
26.5%
27,392 people
Not Poor or Vulnerable
16.5%
17,071 people

Social Deprivation (CONEVAL 2015)

Deprivation % People
Educational lag 22% 22,728
Lack of access to health services 17.4% 17,932
Lack of access to social security 57.2% 59,106
Lack of housing quality and space 5.9% 6,086
Lack of access to basic housing services 8.7% 8,969
Lack of access to food 24% 24,791
Income below welfare line 57% 58,832
Income below minimum welfare line 16.6% 17,132

Poverty Evolution in La Piedad

Year Poverty Extreme Poverty Vulnerable Not Poor Gini
2010 43.7% 5.3% 33.5% 17.1% 0
2015 47.4% 4.8% 26.5% 16.5% 0