The racial wealth gap expressed in a simple ratio: 224-to-1 – Marketplace

The racial wealth gap expressed in a simple ratio: 224-to-1 – Marketplace

A median single white man underneath 35 is 224 instances as rich as the common single Black girl the identical age, in response to a brand new report. The report additionally discovered Black households held 4% of family wealth going into the pandemic, although they account for somewhat over 13% of the U.S. inhabitants. On at the moment’s present: That racial wealth hole goes to make pandemic restoration for Black Individuals even more durable. Plus, the case for extending unemployment advantages, and the way…