Being the pay is that low getting what you pay for sort of ends up having to hire homeless people because they don't have to worry about not being able to pay the rent they don't have any! Many won't work the lower pay jobs seems like sadomasochism putting you and the whole family in a place of less. Child abuse for setting them up for failure! So go work at better pay! Move up the ladder so everyone lives better, retirement, family inheritance the point of social mobility in the family etc. That is the better option so.
The danger is the future coming. People not being able to afford education with risk to humanity automation in the workplace with no job skills, not able to afford a EV with fuel prices going up from less being made all the better off people are buying EV's. Being able to move to a better location because of global warming or competing with other countries in looking for a job, place to live or even food at Walmart because Walmart is now feeding all the countries that would be flooding in!
Those are the people at risk in that time. Not a lot of people are going to survive global warming living that low!