Businessman standing on falling diagram and peering into the future Source: AdobeStock.

Friday’s jobs report was better than expected, but the nation is still likely to be entering a recession early next year, an economist said.

The U.S. Bureau of Labor Statistics reported Friday that the economy gained 263,000 jobs in November after seasonal adjustments, and the unemployment rate was 3.7%, unchanged from October and down from 4.2% a year earlier.

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Jim DuPlessis

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