<Current Affairs Planning Window> ‘Escape from Ulsan, a city that lost its youth’

2024-05-28 15:41:04

What is happening to Ulsan, a wealthy city with automobile, shipbuilding, and chemical industries, and the undisputed No. 1 city in terms of GRDP (gross regional product)?

There is no longer a success story for the blue-collar middle class in Ulsan.

The factories of major conglomerates will remain in Ulsan, but high value-added sectors such as research and development and global business sectors will leave Ulsan.

Experts predict Ulsan’s ‘production base’.

Young people head to the metropolitan area in search of jobs.

Demographers say that ‘the movement of local youth to the metropolitan area’ is the most fundamental reason for low birth rates.

Concentration in the metropolitan area sucks the youth, the region, and the future of Korea.

 

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