With 2025 right around the corner, Indeed Hiring Lab economist Cory Stahle joins Wealth! with Brad Smith to share the findings from Indeed’s 2025 US Jobs & Hiring Trends Report, including that the labor market needs to see to secure a soft landing for the economy.

"We've kind of gotten to a point where we're on the glide path for this soft landing. But as we look toward 2025, we're actually seeing a pretty decent likelihood that we could potentially make that soft landing if some things go right," Stahle says.

The economist explains, "At the high level, we think that part of what needs to go right in 2025 is we need to see hiring stay at least stable [and] potentially pick up because right now it's pretty low. We also need to see unemployment and layoffs staying low as well because if we start to see those things rise, even if inflation starts coming down even closer to the Fed's target, then we jeopardize the soft landing there as well."

Watch the video above for Stahle's read shifting labor force demographics, tips for job seekers in 2025, and more.

For more expert insight and the latest market action, click here to watch this full episode of Wealth.

This post was written by Naomi Buchanan.