Annual inflation rate accelerates to 2.7% in November, as expected

What does it say about the job market?

CPI is up at 2.7% -- we expected that-- but did you know inflation isn’t just messing with your grocery bill? It’s also the biggest SIGNAL for where the jobs will be in 2025. Look, I’ve been talking with hiring managers, recruiters, and execs, and while everyone’s rolling their eyes at rising costs, smart job seekers are using this intel to their advantage.

👇 👇 👇
𝐇𝐞𝐫𝐞’𝐬 𝐰𝐡𝐚𝐭 𝐈’𝐦 𝐬𝐞𝐞𝐢𝐧𝐠 𝐚𝐧𝐝 𝐰𝐡𝐞𝐫𝐞 𝐈 𝐭𝐡𝐢𝐧𝐤 𝐲𝐨𝐮 𝐬𝐡𝐨𝐮𝐥𝐝 𝐳𝐞𝐫𝐨 𝐢𝐧 𝐝𝐞𝐬𝐩𝐢𝐭𝐞 𝐭𝐡𝐞 𝐬𝐭𝐢𝐜𝐤𝐞𝐫 𝐬𝐡𝐨𝐜𝐤 𝐨𝐟 𝐫𝐢𝐬𝐢𝐧𝐠 𝐢𝐧𝐟𝐥𝐚𝐭𝐢𝐨𝐧.

𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞
I keep hearing from my clients in healthcare that they’re not slowing down - if anything, they’re speeding up. Hospitals, insurers, clinics—they’re all battling rising costs by investing in efficiency, tech-driven patient solutions, and data-savvy teams. This sector’s basically bulletproof.

𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 & 𝐒𝐮𝐩𝐩𝐥𝐲 𝐂𝐡𝐚𝐢𝐧
Transportation costs have increased... a lot. Just spoke to a seriously talented COO in this area yesterday and the industry is HOT. If you’re good with data, can think three steps ahead, and maybe even know a thing or two about automation tools, this is ideal.

𝐃𝐨𝐦𝐞𝐬𝐭𝐢𝐜 𝐄𝐧𝐞𝐫𝐠𝐲 & 𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠
With the new administration’s shift in priorities, it’s not all about green energy anymore. What I’m noticing is a steady (if not flashy) expansion in traditional domestic energy, utilities, and manufacturing. Engineers, maintenance pros, quality specialists are in demand.

𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 & 𝐂𝐨𝐧𝐬𝐭𝐫𝐮𝐜𝐭𝐢𝐨𝐧 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬
Shelter costs have ballooned, and while that hurts big time on a personal level. Housing may be a bit on the floor, but it’s creating work for project managers and marketing who can sell the dream in a tougher economy.

𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬
From management consulting firms that help companies cut expenses to software startups offering cost-tracking tools, businesses are investing in the data people who can help them do more with less. This is HUGE.

I will say that with the higher inflation #'s that higher costs will squeeze company margins further. Keep in mind there is likely to be slower hiring and wage growth. 𝐋𝐚𝐲𝐨𝐟𝐟𝐬? 𝐏𝐨𝐬𝐬𝐢𝐛𝐥𝐞 𝐢𝐧 𝐰𝐞𝐚𝐤𝐞𝐫 𝐬𝐞𝐜𝐭𝐨𝐫𝐬 𝐥𝐢𝐤𝐞 𝐭𝐞𝐜𝐡 𝐚𝐧𝐝 𝐫𝐞𝐭𝐚𝐢𝐥. 👉 An economist for Moody’s Analytics recently projected that monthly job growth will fall to 100,000 by early next year and 50,000 by the end of 2025.

Be ready for tough competition- but the inflation rate- don't let it bother you so much- use it to get ahead instead!

For more insights, connect with Amanda Goodall, labor market strategist and founder of The Job Chick, where she breaks down trends shaping the future of work.