Empty shipyard and suicides as ’Hyundai Town’ grapples with grim future

/us-southkorea-hyundaitown-idUSKBN1KX0UT

  • Coût du travail trop élevé, poids des syndicats trop lourd, vous êtes bien en … Corée.
    Fin du miracle…
    Empty shipyard and suicides as ’Hyundai Town’ grapples with grim future | Reuters
    https://www.reuters.com/article/us-southkorea-hyundaitown-idUSKBN1KX0UT

    In many ways, the challenges facing Ulsan mirror those faced in the American Midwest in the 1970s and 1980s, when the once prosperous industrial heartland was hit by massive job and population losses.

    Some experts and industry executives warn Ulsan - home to the world’s biggest shipbuilder and largest carmaking complex - might be South Korea’s ‘Rust Belt’ in the making.
    […]
    Ulsan accounted for 12 percent of South Korea’s exports last year, the lowest since 2000 and down from its peak of 19 percent in 2008, according to customs data
    […]
    Taxi drivers have been told by police not to drop people off on Ulsan’s newly built bridge after three people killed themselves there in just one month.


    –People believed that if they work hard, they will be better off, and if their children study hard, they will be better off,
    –” said Park Sang-hoon, an official at an Ulsan suicide prevention center. “Confronting a different reality now, it seems that many of them are getting to a point of hopelessness, and some are even making extreme choices.

    After massive shipbuilding job losses, auto workers fear it could be their turn next.
    […]
    Executives say that’s necessary because of high labor costs and strong unions at home.

    But workers say many of Hyundai’s problems are its own making, like failing to forecast a SUV boom in the key U.S. market and missing the shift to electric cars.