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McKinsey expects inflation to boost annual US national health expenses by US$370B by 2027 versus pre-pandemic estimate; pharmaceutical, supplies costs are higher than normal but show signs of slowing, but labor costs are growing and may top inflation rate

Euro area unemployment at 6.6% in August, unchanged from July and down from 7.5% in August 2021; an estimated 10.966 million in the euro area were unemployed in August: Eurostat

US unemployment insurance claims in week ended Sep. 24 down 16,000 to 193,000, four-week moving average down 8,750 to 207,000; total continued weeks claimed for benefits up 6,855 to 1.3 million in week ended Sep. 10: Dept. of Labor

Canada's payroll employment increased by 12,000, or 0.1% in July, with gains in Alberta and British Columbia partially offset by declines in Newfoundland and Labrador; average weekly earnings increased 0.4% from June to C$1,163.23: Statistics Canada

Deloitte forecasts Canada will enter short-lived recession by end-2022, noting its tight labor market and elevated savings during pandemic will soften impact; unemployment rate was 5.4% in August, expected to tick up to 6% in Q3 2023 before falling again

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