The January jobs report delivered a mixed but generally steady picture of the labor market, with employers adding 130,000 jobs and the unemployment rate edging down slightly to 4.3%. Private-sector hiring continued to grow even as government payrolls—particularly at the federal level—shrank, while wages kept rising on a year-over-year basis. Labor force participation also ticked up modestly, though it remains at relatively moderate levels overall. To unpack what these numbers really mean for workers, businesses, and investors, Dale Smothers, President and CEO of RDS Wealth Management, joins Alicia Summers to weighs in on the strength of the labor market and how Americans should be positioning themselves as artificial intelligence accelerates what many are calling the “Fourth Industrial Revolution.”
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