The typical white family has eight times the wealth of the typical Black family and five times the wealth of the typical Hispanic family, according to the Federal Reserve Board’s 2019 Survey of Consumer Finances. That survey shows long-standing and substantial wealth disparities between families in different racial and ethnic groups changed little since the last survey in 2016. Credit: Claire DeRosa / Wisconsin Watch Towanda Perkins is a single mother with two grown sons. She works as an office manager at a nonprofit organization in Milwaukee.
During the pandemic, she has seen many mothers with children who have lost […]
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