dave, remember, you can always get all the latest headlines on our website. that's d, w dot com and do make sure to also follow us on social media and meet the entire team here in berlin. thank you so much for your company. ah. these places in europe are smashing in the records, stepped into a bold adventure. it's the treasure map for modern globetrotters. discover some of you will record breaking sites on google mac, youtube and now also in book form. and we're interested in the global economy. our portfolio

d w. business beyond. here's a closer look at the project. our mission. to analyze the fight for market dominance. east, this is west. give it head with d. w. business beyond blue. ah. more strong job growth puts the us closer to its pre pandemic figures. can it finally close the gap and regain all those positions loss in the past 2 years? and what does it cost coping labor market even look like for women for black americans? we'll talk to our correspondent in new york. also on the show german business leaders, warren about the dangers of a gas cut off in europe's payment dispute with russia. we ask an economist whether their fears are justified and rising food prices are hitting muslim communities

around the world. as ramadan begins this weekend, we're low income families in particular, the burden is significant. i'm steven beers and welcome to the show. united states added more than $430000.00 jobs in march, lifting its unemployment rate to 3.6 percent. that's nearly the same level as before. the pandemic. strong uptake comes as coven 19 cases fall around the country and to fall as last year's torrid economic growth. economists have puzzled over turbulence in the u. s. labor market in recent months. workers have resigned or switch their jobs at record levels. a phenomenon dubbed the great resignation. are i from on this? we go to jens court it in new york. jens put this into perspective for us. how does this new labor market post cove? it looked like compared to the one before coven?

yes, even into you mentioned the 3.6 percent unemployment to rates in february of 2020. we had to 3 and a half present. and that was the lowest rate in about 50 years. so we almost have full employment here in the united states. and if you look at certain groups, women, for example, at the strongest return a to the labor market. since the summer of 2020, or the unemployment rate for a black american men dropped to the lowest. and since the pandemic started about having that said, the unemployment rate for black men is, was 5.6 percent still higher than this missional average of 3.6 percent inflation. a big problem the u. s. right now this higher employment should in theory help raise wages. does that do anything against rising prices? well, i mean, it does help us. we did see wages,

some increase by 5.6 percent in comparison to a march of last year. so in general, that is a good development, but the problem is that prices are even arising a more than a what that what we see on the, on the wage front, we just saw a recent reading on consumer prices. they're up by almost 8 percent. and so we have wages up by 5.6 percent or so that is a problem. and then also, i mean if companies have to pay higher wages in return, so meaning they will have higher cost, they will transform that into higher prices for consumers. so yes, it does help a bit, but still inflation increases at a faster speeds and been wages yet quarter in new york. thank you. over to europe where several german industry leaders have voice their fears over a potential cut off of russian gas. as president vladimir putin demands future bills be paid in roubles. siemens energy,

c o christian book told the handles block that a cut off would be existential for some sectors pointing to the glass industry in particular. the ceo of chemicals giant b s f. martin bruno mila meanwhile told another newspaper that germany would face it's worse economic crisis since the end of world war 2. the chemicals industry relies heavily on gas for production. earlier i spoke to karen piddle. she's head of the eco center for energy, climate and resources. i asked if she agreed with that leak assessment by the head of b. s f. no, i wouldn't. i mean, i know that there is all these horrific, ah, forecasts coming out of the industry coming partially out of politics. but all the serious studies that i know do not predict anything, even remotely close to that. how serious would a crisis be? miss the the worst study, i mean, the worst outcome that i have seen predicts a cut from g d p growth by 6 percent. so depending on where you start with 2

percent, for example, it would come down to minus 4 perhaps minus 5 percent. this isn't the medium term, of course, i mean, if you're on the very short term like manner of weeks, that could be frictions adjusting to new situation, having new supply lines, saving gas, having fuel switches so that of course there's a lot of challenges with it that comes with it, but i would not expect that to last. would you then say that's the crisis resulting from a cut off of gas, a sudden cut off from gas, russian gas would be manageable, then. i would expect it to be manageable as far as i understand what's happening at the moment in industry. but also in politics is that there is a very thorough preparation for that. so it's, it's really looked at carefully what can be done, what has to be done? what can we manage, what should we let play out on the markets? so i have the feeling that there is

a very well on the preparations are ongoing. but of course, um it's, it's always good to kind of show caution. i mean, if you listen to the rhetoric of the communication of the german government, what you hear is that they do not want to cut, but in case it is coming, that they will manage well, food is a major part of the muslim holiday ramadan, which begins this weekend, each day's fasting is followed by several meals at the end. more lavish fees for ead breads, oils and desserts are all important during ramadan and all are more expensive this year. and that's to enlarge parts to the war and ukraine. ah, the muslim festival of ramadan starts with the 1st sizing of the crescent moon. in some countries it will begin on saturday, last year in pakistan, it's likely to begin from april 3rd. as muslims prepare for spiritual

matters, they are also concerned about a steep rise and food prices. in pakistan, consumers want the government to do more to keep their shopping baskets affordable, low latency, liliana, yes, up milk, yogurt, sugar. everything is become so expensive. it's become so difficult to even manage 2 meals a day. how can we afford this one? the government must take action. that's that the government raises prices than the shopkeepers raise them even further. it must ensure the shopkeeper sell items at the notified rates. if you've made the shopkeepers do whatever they like and the government must control prices in one minute. i think i rattle was on my me. none the less than the yet me. i'm not on the game as in my life. i'm looking them in the markets. people are shopping, but they're also budgeting very carefully. according to official figures, inflation and pakistan was over 13 percent last month. a 2 year high milk prices

have risen by 25 percent since november as the consumption of fruit goes up during the fasting month, the prices rise sharply, but the rise is much steeper than in previous years. why did i divide? what if i, what about everything is being sold at 30 to 35 to 45 percent higher prices. everything is become more expensive by 40 to 50 rupees. key has become so expensive . how can we make ends meet? the government should have mercy on us. it should give a relief package for us, does nothing in utility stores. there are so many marts, but there is no relief. ever enlarged the limit they believe many people in muslim countries by new prayer mats, scull cups and beads to prepare for the month of fasting. but this year there are fewer buyers as middle class incomes across the muslim world are swallowed by food and energy prices. i'm joined in studio by amal dirt from

d w's arabic service or more. thanks for coming on to the show. how different will this years ramadan look from recent ones? ramadan is a holy month for muslims around the globe. it's a month of payer, but also a family gatherings and the past 2 years there went able to, to have, you know, big family fees because of corona. so this year they welcome it with anticipation and excitement. but also they welcome it with fear and anger as economic situations in so many countries, especially in countries where miss them, communities are, are prevail and is, is making many families have to make difficult choices of whether to buy food or whether to buy other food. other supplies for their families is this seems increased some anxiety within families itself as they look at the holiday. but looking at the public communities, a muslim communities at large during ramadan. this is also affects with that the social mood in many muslim countries. absolutely. in many countries, as i said,

are facing difficult economy situations, crises, as one would dare to say. and families are affected by that entire systems economy systems around the globe as a result of covered and as a result of many other political upheavals are facing you know, a high prices inferno of high prices and families have to pay the prices for that. many foods, or care or care is in some countries, and this is also effected by the global supply chain and by other war is taking place as in many parts of the world. none the less ukraine as well. right, of course we talked so much by ukraine, but as you mentioned, there were some other issues before this. you know, the situation is especially extreme in countries like yemen and syria, but also in lebanon. and egypt there were already economic tough times. does that mean now with the supply issues we're seeing because of the war and ukraine? this makes it even more difficult because many families, as i said,

are facing the choice of having to cut down on food. and this is food is a major issue in ramadan at the breadth, for example, is a staple at so many tables. and now because of the war in ukraine and because of the food supply chain, but also because of rising prices of fuel, they're having issues in providing this basic staple at the, at their tables and ramadan. so this in addition to inflation and so many countries and in the inability of countries to control the prices and provide their citizens with proper welfare support creates major problems for many communities around the world. all right, i'm all to, from the w's arabic service. thank you. very much. and here's a reminder of the top business story we're following for you. united states added more than $430000.00 jobs and march, lifting its unemployment rate to 3.6 percent. nearly the same levels before the pandemic. a strong uptake comes as coven 19 cases fall around the country.

that's it for me and the dw business team, you can find out more about these and other stories online. d, w dot com slash business ross on youtube or the dw news channel. it's watching a war is raging below that. what about appear to the international space station? a cooperation between the usa, russia, and many other countries. the violent invasion of ukraine is overshadowing international partnership. is peace in space also under threat to morrow to day off by the ball. next on d. w. modern design. glens with historic buildings

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