"Magic Wand" Tool in PS Elements vs. PS 2019?

Which one, the Wand or the Eraser? I like what the Eraser does, taking out the solid background to isolate the rest of the photo as a layer.  In Elements 6 I was limited to the Wand tool for this and it was a constant juggling act playing with the tolerance, but sometimes I could never set the tolerance to the dead center perfect value and it would take out too many pixels or too few.  When that happened I gave up and switched to the Polygonal Lasso or the Magnetic Lasso, a more time consuming process but at least I was fully in control of my pixel selection.  Now the Eraser performs the same function with one click and it's done! and I can go on with my life!   Overall I'm liking all of the updates in PS 2019. 

Thanks for the info! I found the Magic Wand now and can use it as I previously would have. I also achieved a needed effect with the Eraser, so I'll need to play with both tools more to get used to the updates.  I used Elements 6 for many years so 2019 feels weird and different, like getting behind the wheel of a brand new car for the first time.