As of November 2007, the labour market in Canada remains tight. Every national indicator is strong. This includes a 67.8% participation rate, a 63.8% employment rate, a +2.7% year-over-year gain in employment (the highest in this cycle) and a 5.9% unemployment rate (among the lowest in more than 30 years). As for what is happening in Canada’s major cities, there have been some interesting shifts. Eight of the top ten cities in terms of year-over-year employment growth are now in eastern Canada.