SeoulMarkets · tag
turnover
4 stories tagged “turnover”, each from official Korean data with its source and timestamp.
KOSDAQ is 7% of the market's value but 16% of its trading
Value and trading are two different maps. KOSDAQ holds 7% of Korea's market cap yet did 16% of one day's trading — its shares turn over more than twice as fast as KOSPI's. And 137 listed companies didn't trade at all. Not advice.
In one Korean province, workers leave the payroll fastest — and it pays the least.
Each month a share of enrolled workers drops out of workplace pension coverage. On the tourism island of Jeju it is 4.28%; in research-heavy Daejeon, 3.12%. Across regions, higher pay and lower churn move together.
The older an industry's firms, the fewer workers it loses. In Korea the link is strong.
Across 105 industries, average firm age and monthly separation rate move inversely, with a correlation of -0.61. Banks are old and stable; construction is young and churns. Stability, it turns out, has an age.
Korea's smallest firms lose workers 1.6x as fast as its largest. The pay ladder runs the other way.
Each month, small workplaces shed 4.29% of their enrolled workers; the biggest shed 2.66%. Hiring falls with size too. The firm that pays the most also holds onto people the longest.