{"id":520849,"date":"2026-06-05T23:11:12","date_gmt":"2026-06-05T23:11:12","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/520849\/"},"modified":"2026-06-05T23:11:12","modified_gmt":"2026-06-05T23:11:12","slug":"news-of-the-day-unemployment-drops-housing-solution-variable-rate-mortgages-calling-the-shots-at-cbs-fixed-income-funds-and-more","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/520849\/","title":{"rendered":"News of the day: Unemployment drops, housing solution, variable-rate mortgages, calling the shots at CBS, fixed-income funds and more"},"content":{"rendered":"<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2026\/06\/bba3c96b1c5b26762a3b4ad8925a6da4.jpeg\" alt=\"jobs3-0504\" loading=\"eager\" height=\"720\" width=\"960\" class=\"yf-lglytj  loaded\"\/> Full-time work grew by 154,000 positions. (Credit: KAYLE NEIS\/Postmedia)         <\/p>\n<p class=\"yf-1fy9kyt\">It\u2019s Friday, June 5. Here are the top stories we\u2019re following today.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/news\/economy\/canada-unemployment-rate-drops-economy-gains-88000-jobs\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Canada\u2019s unemployment rate drops to 6.6% as economy gains 88,000 jobs;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Canada\u2019s unemployment rate drops to 6.6% as economy gains 88,000 jobs&quot;}\" class=\"link \"><strong>Canada\u2019s unemployment rate drops to 6.6% as economy gains 88,000 jobs<\/strong><\/a><\/p>\n<p class=\"yf-1fy9kyt\">Canada\u2019s unemployment rate fell to 6.6 per cent in May and the economy added 88,000 jobs, the first significant employment gain since November 2025. The increase was driven by an addition of 154,000 full-time positions, according to data published by Statistics Canada on Friday.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/news\/economy\/canada-unemployment-rate-drops-economy-gains-88000-jobs\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \"><strong>Read the story<\/strong><\/a><\/p>\n<p>       <img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\" Fewer than seven per cent of all regions where the Canadian Real Estate Association tracks median home prices had homes averaging below $261,000.\" loading=\"lazy\" height=\"720\" width=\"960\" class=\"yf-lglytj loader\"\/>  Fewer than seven per cent of all regions where the Canadian Real Estate Association tracks median home prices had homes averaging below $261,000.      <\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/real-estate\/mortgages\/attractive-solution-aspiring-homebuyers-priced-out-market\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:An attractive solution for aspiring homebuyers priced out of the market;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;An attractive solution for aspiring homebuyers priced out of the market&quot;}\" class=\"link \"><strong>An attractive solution for aspiring homebuyers priced out of the market<\/strong><\/a><\/p>\n<p class=\"yf-1fy9kyt\">Assuming ownership suits you (mathematically, it doesn\u2019t for many), shoe-horning yourself into a home can be easier with a roommate, writes Robert McLister.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/real-estate\/mortgages\/attractive-solution-aspiring-homebuyers-priced-out-market\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \"><strong>Read the story<\/strong><\/a><\/p>\n<p>       <img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\" A home for sale in Toronto, Ont.\" loading=\"lazy\" height=\"720\" width=\"960\" class=\"yf-lglytj loader\"\/>  A home for sale in Toronto, Ont.      <\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/real-estate\/mortgages\/mortgage-rates\/variable-rate-crowd-undeterred\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Variable-rate crowd undeterred despite lower chance of a cut;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Variable-rate crowd undeterred despite lower chance of a cut&quot;}\" class=\"link \"><strong>Variable-rate crowd undeterred despite lower chance of a cut<\/strong><\/a><\/p>\n<p class=\"yf-1fy9kyt\">Rate-cut hopes took another beating Friday, ambushed by jobs numbers that overdelivered on both sides of the border, but none of this is spooking the variable-rate crowd, writes Robert McLister.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/real-estate\/mortgages\/mortgage-rates\/variable-rate-crowd-undeterred\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \"><strong>Read the story<\/strong><\/a><\/p>\n<p>       <img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\" U.S. journalist Scott Pelley attends a celebration of the announcement of CBS\u2019s new fall schedule at Paramount Studios in Hollywood, 2024.\" loading=\"lazy\" height=\"720\" width=\"960\" class=\"yf-lglytj loader\"\/>  U.S. journalist Scott Pelley attends a celebration of the announcement of CBS\u2019s new fall schedule at Paramount Studios in Hollywood, 2024.      <\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/fp-work\/cbs-firing-scott-pelley-who-calls-shots\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:CBS\u2019s firing of veteran journalist Scott Pelley boils down to one issue: who calls the shots?;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;CBS\u2019s firing of veteran journalist Scott Pelley boils down to one issue&quot;}\" class=\"link \"><strong>CBS\u2019s firing of veteran journalist Scott Pelley boils down to one issue: who calls the shots?<\/strong><\/a><\/p>\n<p class=\"yf-1fy9kyt\">Across North America, organizations are discovering that their most valuable employees believe they serve a purpose larger than the company itself, writes Howard Levitt.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/fp-work\/cbs-firing-scott-pelley-who-calls-shots\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \"><strong>Read the story<\/strong><\/a><\/p>\n<p>       <img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\" The big risk with taking a capital preservation-only mindset is inflation. But inflation is normally a long-term risk and as a person ages, inflation risk reduces.\" loading=\"lazy\" height=\"720\" width=\"960\" class=\"yf-lglytj loader\"\/>  The big risk with taking a capital preservation-only mindset is inflation. But inflation is normally a long-term risk and as a person ages, inflation risk reduces.      <\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/personal-finance\/should-peter-put-most-of-his-88-year-old-dads-money-into-a-fixed-income-fund\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Should Peter put most of his 88-year-old dad\u2019s money into a fixed-income fund?;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Should Peter put most of his 88-year-old dad\u2019s money into a fixed-income fund?&quot;}\" class=\"link \"><strong>Should Peter put most of his 88-year-old dad\u2019s money into a fixed-income fund?<\/strong><\/a><\/p>\n<p class=\"yf-1fy9kyt\">If a pension covers his needs, why not invest in something that will grow his money, expert asks.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/personal-finance\/should-peter-put-most-of-his-88-year-old-dads-money-into-a-fixed-income-fund\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \"><strong>Read the story<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Full-time work grew by 154,000 positions. (Credit: KAYLE NEIS\/Postmedia) It\u2019s Friday, June 5. Here are the top stories&hellip;\n","protected":false},"author":2,"featured_media":520850,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[174],"tags":[79,179,18,19,17,4475,4125],"class_list":["post-520849","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-eire","tag-ie","tag-ireland","tag-statistics-canada","tag-unemployment-rate"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116700034260747765","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/520849","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=520849"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/520849\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/520850"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=520849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=520849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=520849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}