The biggest reason for suicide is the lack of money. People can barely afford to survive anymore with these lw wages, its next to impossible to buy a house with today's wages, this is causing mass depression, people can't even get anywhere if they work hard.
Money is certainly a factor but I dont think its due to low wages at all. People are committing suicide because they are depressed and when they dont have the money for their mental health they tend to commit suicide because of that. If more people are taking great care of the psychological issues suicide would definitely go down.