Administration has started building a 20mile stretch of Donald Trumps wall . Good day, everyone. Im Andrea Mitchell in washington. Congressman jim jordan, steve scalise, and kevin hern have all signed on for a televised debate monday night, as republicans struggle to find the next speaker of the house. Fox news is set to host the debate before the gops closed door forum on tuesday. It is a very unusual approach, especially following an unprecedented vote to remove Kevin Mccarthy and the decision to not air their dirty lenin in public. Donald trump threw his weight behind jim jordans pitch to become the speaker, calling him a star. But liz cheney, cochair of the january 6th committee, at which jordan, of course, refused to appear, says, jordan is part of the conspiracy. Jim jordan knew more about what donald trump had planned for january 6th than any other member of the house of representatives. There was a handful of people of which he was the leader, who knew what donald trump had planned. Now, somebody needs to ask jim jordan, why didnt you report to the Capitol Police what you knew donald trump had planned . You were in those meetings at the white house. Jim jordans most prominent rival, majority leader steve scalise, claims he is gaining wide support from the conference. The problems we have internally, they dont go away with a new speaker. The real question the members have is how do we get things back on track . And the reason ive been able to build such a strong base of support over these last few days thats been growing is ive got a long proven record as somebody who knows how to unify o far neither is believed to votes needed to win the speakership. Speaker pro tem patrick mchenry, a mccarthy ally, said today he is not seeking the post permanently. We start with nbc news senior capitol hill correspondent garrett haake. Garrett, a lot of moves going on, and unusually, this televised debate. Who are they meeting today . Reporter i cant figure out what these candidates see in the utility in the televised debate. Its a lot of internal questions, how theyre going to run the conference. It also has a lot to do with whos raising money for whom. And thats not settled in a fox news live debate. These candidates are having private meetings today remotely with members of the republican main street coalition, which is what it sounds like, one of the more moderate, economicbased caucuses within the republican conference. Theyre meeting with the western caucus, again, just like it sounds like, members from the western half of the United States. And theyre meeting with members of the freshman class. Thats probably the meeting i would be most interested in being a Fly On The Wall today. Its a lot of those new members from bluish states like new york and california, who made the Republican Party the Majority Party this year. And theyre the ones most committed to Kevin Mccarthy and the hardest for any of these men to win over. And nbc news, garrett, as you know has a video of Congressman Gaetz Denouncing as a political stunt at a fundraiser. Jim jordan was really the brain i guess the mastermind behind all of that. Is that directed at jim jordan . Whats your take away . Gaetz took great pains in this fundraiser to not make this about jim jordan. Some context, if you watched the debate on the house floor on tuesday, gaetz was critical of the Impeachment Inquiry even then. He called it failure theater. Were learning now this is something he was saying back in late september at a private zoom only fundraiser, being very critical of the effort, as it existed at the time, to investigate the biden family. Heres what he told those donors behind the scenes. I dont believe that we are endeavoring upon a legitimate impeachment of joe biden. I mean, Kevin Mccarthy didnt even have the votes for an Impeachment Inquiry, and youre telling me hes somehow going to get the votes for an impeachment . I think Kevin Mccarthy just wants the specter of impeachment so that hes able to subjugate any threat to his power as an impeachment impediment. Now, gaetz is a pretty unpopular figure up here on capitol hill right now, especially among republicans. Thats not going to make him any more popular within his conference. Hes also proven to be a pretty astute observer of political theater. The idea an Impeachment Inquiry is not going to go anywhere and it may have been useful for Kevin Mccarthy in that moment is an analysis that if you gave a lot of these lawmakers truth sir m, they would probably agree with. Saw steve bannon sitting there, so theres that presence as well. Hes been a key figure behind the scenes on a lot of this over the last week or so too. You bet. Garrett haake. Well, i hope you get some rest this weekend because youve been going nonstop. I do too. Thanks, andrea. Here with us now is former pennsylvania congressman, charlie dent. So, what would you advice them about this televised speakership debate . I think this is a horrible mistake. It sets the terrible precedent these are failing discussions. And you just dont want to air this in public. So, i think this is im sure there are many House Republican members right now who are simply livid over this decision. There is no good that will come of it. If i were to ask them a question publicly, id say, okay, what deals are you going to cut on your brain in order to become the speaker . Can you imagine the types of questions that can be asked of these guys publicly . And theyre going to have to try to answer them. Its a terrible i cant express my outrage of this decision. Its so bad. You are presuming that they havent preset questions. We dont know the terms of this debate. It is, you know, kind of home tv on fox. Yeah. What kind of deals though . Thats one thing that always bothered me about these speaker elections. When mccarthy was elected, he made deals with his detractors on the motion to vacate, on putting people on the rules committee, appropriations, a lot of side deals, nothing in writing. But these guys which were bad. But im afraid that these guys are going to have to make these side deals. Are they going to want to announce them publicly . Theyre going to be in awkward positions answering some of these questions. What are they going to do about the one Congress Member can start a motion to vacate . Where do they stand on that . And what about the role of donald trump behind jim jordan . Is he the king maker now . Well, if jordan wins, well, then, yeah, i guess he would be the king maker. But dont underestimate Steve Scalises popularity within the conference. He is from louisiana. There are a lot of members from The Deep South who probably wouldnt mind having a member from The Deep South becoming speaker. So, geographic politics could play a role here. Steve has been a pretty effective fundraiser. And i think that he might have a lot more friends than the former president realizes within the house conference. But i think scalise is going to be probably tormented by some of the same folks who tormented mccarthy at the end of the day. Jordan shouldnt have as much of a problem there. And steve scalise, as you know, is deeply conservative in his views ideologically, but he gets along with people. Theres a lot of sympathy for him. He survived that baseball field, softball field, attack, as well as now undergoing treatment for multiple myeloma. He has a very compelling personal story. He is well regarded, especially since the shooting at the baseball practice. Of course he is dealing with cancer. But steve, i found him to be very gregarious, very friendly. Hes very different than jim jordan, who is much more of a very aggressive, charging in your face, and very inflexible. Steve, i think, has the capacity to be very pragmatic. Ive seen that in him. Ive worked with him. Even though hes very conservative, he was able to reach agreements. Which for some of that House Republican congress is the kiss of death. They think thats capitulation and surrender. But steve does have a sense of governance. Hes a pretty popular and likable guy. Its all whether they want whether the conference wants a bomb thrower or a con sill yea investor. That remains to be seen. Charlie dent, thank you so much for starting us off. We really appreciate it. And hot jobs, Employment Numbers soaring higher than expectations in the news today. Good news for the economy, but what does it mean in terms of what the fed will have to do . Is it still going to have to do more to get inflation under control . Well have the answers coming up when Andrea Mitchell reports returns in just 60 seconds. Youre watching msnbc. Nbc. D is crushed by a baby grand piano. Youre replacing me . Customize and save with liberty bibberty. He doesnt even have a mustache. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Tourists tourists that turn into scientists. Tourists taking photos that are analyzed by ai. So researchers can help life underwater flourish. [ tense music ] one aleve works all day so i can keep working my magic. Just one aleve. 12 hours of uninterrupted pain relief. Aleve. Who do you take it for . And for fast topical pain relief, try alevex. The September Jobs Report Ew past expectations, 336,000 jobs added last mont thats almost double the ictis in the markets. And complicating efforts by the Federal Reserve to cool the economy with pauses on Interest Rate hikes. The Unemployment Rate remained at 3. 8 . Joining us now is cnbc senior Markets Dom Chu And dom, start us off and walk us through the key numbers. Its an amazing jobs report. They did. Andrea, to that point, not many people at all expertwise, economistwise were forecasting for this level of jobs growth, especially with all the narratives around strikes and work stoppages around the country for the last several months. Almost doubling, if you will, of the jobs created number over the Consensus Forecast does suggest that t u. S. Economy, phaps maybe surprisingly, is still extremely resilient. Perhaps the an consumer still extremely resilient and those who are working exstreamly resilient. Thats all a really good thi theres a lot to unpack here. The big take away from this report is that the economy is growing in some ways and still growing but a fast in others. This reinforces this idea that we could see either a soft landing or justaybe a mild recessn,f anything at all, in the coming months, which is a sharp contrast to where we were a year ago when the consensus was, like, 100 chance we were goin t have some kind of recession or economic downturn. There was robust job growth. Wages, though, grew at a less than expected pace. That reinforces the idea that the economy can cool off and inflation can be moderated without some severe loss of jobs or a dropoff in wage growth. The percentage, though, of americans participating in the labor force does still remain steady. Also a measure of those who are underemployed, discouraged workers, those workers working part timejobs, multiple parttime jobs because they nt get fulltime ones, that fell slightly. Where the jobreatn was. It was leisure and hospitality. 96,000 jobs there. Vernment added 73. Health care 41. Professional services gained around that much aswell. You can, kinof, see 29,000. E prior two months you alluded to revised upward of combined 119,000, more than previously reported. Whats curious about this is the initial Market Reaction was decidedly negative. Interest rates skyrocketed and stocks fell relatively sharply because some believe the fed might have to raise rates faster. But the markets have turned around fairly dramatically. We are now at Session Highs and solidly in positive territory, andrea, as the day has progressed. Well see if that sticks. So, maybe the soft Landing Group is winning out in the marketplace. Thank you so much, dom. Jason berman joining us now from harvard. Your first reaction to the report . Where are you landing . My first reaction was to be really, really surprised. My second reaction was to be happy. And it takes a lot for me to let myself be happy with a report like this. There is t Ghlish Temptation Toay good news is bad news, because its going to put pressure on the fed, put pressure on Interest Rates. But in this case, i dont think that ghoulish reaction is the right one. I think in this one, the good news was good news. What were seeing in this economy is labor supply is increasing. Theres more people making themselves available for jobs. Theres employers willing to hire them. And really important, i think its sustainable because you saw wage growth slow down this month and slow down in a way that i think will be consistent with getting to 2 inflation. I dont think this puts a whole lot more pressure on the fed. I think this is a better than average month. You shouldnt get used to anything like this. But i think that everyone should have something to be happy about and celebrate these numbers today. Yeah, i was looking at the. 2 wage growth that was really down from the previous month. So, it seems to me that that could the Silver Lining that people like you look at, people in the markets look at. Yeah. And to be clear, you know, id like to see wages grow faster than inflation, and thats what weve seen over the course of this year. And thats a good thing. But, you know, when wages were growing at 5, 5. 5 a year, that would have made it impossible to bring inflation down to 2. So, what you want to see is some slowdown in that so that you have a sustainable pace of real wage growth. And to get there without a high Unemployment Rate. And so far, were seeing that. Im always still nervous. You never ever know with the economy. Things take their twists and turns. But today was a good twist. So, where does that put the fed . Were going into an election year. The last thing joe biden needs is more monthly every six weeks, rather, Interest Rate hikes. But does this mean that they are not on a paused basis, that theyre going to have to keep going . Look, the market saw these data and thinks its a little bit more likely that the fed is going to raise rates when they next meet at the beginning of november. I think they probably wont raise rates. And part of it is to understand what the fed changes is the fed funds rate. That isnt what actually matters for the economy. What actually matters for the economy are longer term Interest Rates, things like mortgage rates. And those longterm Interest Rates have risen a lot over the last month and a half. Theyre doing a lot of the feds job for it. So, i think at this point, the bar is higher for the fed to raise rates again. Now, to be clear, i dont think theyre lowering them any time soon. So, i think were in a higher, prolonged scenario, but probably not more rounds of hikes if things stay where they are now. Dont go too far if you can. Were waiting you just saw the Roosevelt Room at the white house. The president is supposed to speak around 11 30. Well take a quick break and the remarks are on the podium, so well take a quick break and come right back to you after these messages. Strain from immigration being felt along the southern border and also in cities far from it. Thats next. Youre watching Andrea Mitchell reports on nbc. Stand by for the president when he comes out. Stand by for the president when he comes out tourists tourists that turn into scientists. Tourists taking photos that are analyzed by ai. So researchers can help life underwater flourish. vo Verizon Small Business days are coming. So researchers can help life underwater flourish. From october 16th to the 22nd. Now is the time to partner with our experts. Get started today with verizon business. Its your business. Its your verizon. [bones cracking] tense music one aleve works all day so i can keep working my magic. Just one aleve. 12 hours of uninterrupted pain relief. Aleve. Who do you take it for . Dove invited women who wanted their damaged hair trimmed. Yes, i need a trim. I just want to be able to cut the damage. We tried dove instead. So, still need that trim . Oh my gosh i am actually shocked i dont need a haircut. Dont trim daily damage. Stop it with dove. In chicago, Officials Say resources are running as thousands of migrants arrive by bus at outhern border. A total 17,000 migrants have shown up since last gust and officials are expecting 1,200 more a day to keep coming. Leaders are warning chicago is reaching a breaking point. Julia ainslie is back from chicago. Youve been talking to migrants and officials. We had that unusual letter from a strong biden ally, j. D. Pritzker, the governor. Theres a lot of scrambling in chicago, a lot of really and im going to have to introduce the president. So, julia, stand by. Thats fine. He is the president. The economy created 336,000 jobs in september alone. That means since ive taken office, weve created 13. 9 million new jobs. You heard me say it before. Im going to keep saying it. My dad had an expression. Joey, the job is about a lot more than the paycheck. Its about dignity, respect. Its about looking your kid in the eye and saying, honey, its going to be okay and mean it. 336,000 more americans can say that to their children and mean it. The Unemployment Rate has stayed