DWD CEO Barb Clapp explains why healthcare continues to anchor the U.S. labor market even as AI and trade policy disrupt other sectors. The industry added roughly 700,000 jobs over the past year, offsetting broader employment weakness as the population rapidly ages. With demand for caregivers and nursing staff surging, healthcare remains one area where technology cannot replace human labor. Watch the interview below.
CEO Barb Clapp on Schwab’s Market on Close
AI Can’t Replace Caregivers: Healthcare Hiring Surges
April 9, 2026