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    Posted December 02, 2018 09:30:48The National Bank of Canada (NBC) is reporting that its total workforce increased by 5,000 last month.

    The bank says that in March it added a total of 4,400 new jobs, while the unemployment rate dropped by 0.4 percentage points.NBC chief economist Craig Alexander said that the bank is seeing positive results because it’s now starting to look at new and different ways of doing business.

    “It’s been quite a good start,” he said.

    “We think that we’re at a point where we’re in a very good place for our bank and our economy.”

    NBC said that last month, it added 1,200 new jobs in the bank’s finance and insurance division.

    The bank has been hiring a number of positions in the finance and investment management, accounting, investment banking, human resources and insurance divisions.

    Alexander said that, although the bank still needs to increase its staff, the growth rate is improving.

    “I think there’s a lot of confidence in the work that we do, in the management that we have and the people that we are bringing in,” he told CBC News.

    According to the NBC, the bank had an unemployment rate of 4.1 per cent in March.

    Alexander said the bank now expects to have a permanent workforce of over 12,000 by the end of the year.

    The bank said that in February it had 3,400 employees in its finance and administration and 1,500 in its asset management and investment banking.