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Wisconsin’s economy ranks last in racial equality in new study

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WalletHub study

(WKOW) -- With protests against racial inequality taking place across the nation and the black unemployment rate consistently above the rate for white people, WalletHub today released its report on the State Economies with the Most Racial Equality.

Wisconsin ranks last of the 50 states in the report.

Most EqualityLeast Equality
1. New Mexico42. Pennsylvania
2. Alaska43. Louisiana
3. Arizona44. North Dakota
4. Hawaii45. Ohio
5. Texas46. Michigan
6. Colorado47. Iowa
7. Montana48. Minnesota
8. Vermont49. Illinois
9. Delaware50. Wisconsin
10. Washington51. District of Columbia

View the full report here:

In order to determine which states have the most racial equality in terms of employment and wealth, WalletHub compared the 50 states and the District of Columbia across eight key metrics.

Their data compares the difference between white and black Americans in areas such as annual income, unemployment rate and homeownership rate.

What’s even more striking than the inequality in employment is the disparity in wealth between white and black Americans, according to the report.

The average white family has a net worth of $171,000, compared to just $17,150 for the average black family.

As racial tensions run high in America, WalletHub says it’s a good time to take a look at which states have done the most to promote financial equality.

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