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welcome to "cnn newsroom." >> and good to be with you. the last jobs report before election day topped economies east estimates 261,000 new jobs were added in october, a number president biden will likely tout when he speaks this hour. the commit remains the number one issue for voters this election and the white house is hoping to capitalize on this stronger report. >> democrats are facing headwinds with four days left before the polls close on november 8. and who controls congress will be determined. the latest count shows more than 34 million americans across 47 states have already cast their ballots. >> and let let's go to matt ega the new numbers. >> it was a pretty mixed report. the federal reserve is trying to cool off the jobs market to get inflation under control. but the jobs market is not exactly cooperating. there were some signs of cooling. you mentioned the unemployment

rate goes up and the pay ral gr payroll growth was slowest since 2020. and wage gains have slowed down. and there is also a lot of evidence that this is still a hot jobs market. you look at month over month, wages accelerated because companies are still fighting over workers. and so i think at the end of the day this jobs market still looks surprisingly resilient. is it slowing? yes. is it slowing enough to satisfy the fed? probably not. so that means that we'll probably get more tough medicine from the fed in terms of interest rate hikes. in fact bank of america this morning revised up its forecast for interest rates because of this jobs report. so i think that the good news is that there is nothing about today's report that screams imminent recession. i think the bad news is that there is nothing about today's report that will get the fed to stop slamming the brakes on the economy and at some point that could cause a veegs. >> and is this a backward looking indicator. so a few weeks ago. but what are companies seeing

going forward specifically tech companies which are suggesting that they may start layoffs soon? >> we are seeing pink slips get handed out especially in the tech sector which makes sense. tech stocks have gotten crushed this year. maybe they over tended a little bit so now coming back twitter is laying off thousands of workers. lyft announced that it is cutting 13% of its staff. that is nearly 700 workers. and they tiskly cited a probable recession. son just amazon announced a hiring freeze for corporate. and apple also freezing hiring. but not just tech though. gap, general electric, other companies are also shrinking their head count. so we need to see how it plays out. maybe people get rehired. we know there is so much demand

for workers. so then it would be more churn. or maybe a situation where it kind of spirals. layoffs lead to layoffs which causes people to cut back spending and then that is where you get more concerned about the economy. >> all right. matt, thank you. and president biden is expected to speak in about 30 minutes on the economy, specifically manufacturing, also promoting a democrat up for re-election in california. >> and jeremy diamond is in carlsbad where the president is expected shortly. so give us the specifics on his speech. >> reporter: we've seen president biden turn his attention to the threats against democracy. today he very much is turning his focus four days from election day to the issue that is top of mind for americans as they prepare to head to the polls. and that of course is the economy. and i'm told that the president today will be addressing the jobs report which according to the white house showed slow but steady jobs growth with 261,000

additional jobs. and he will use it as a strong counter point to the argument floated by republicans as we near election day, the president will use it as an opportunity to contrast his plans with those of republicans. and we're also going to hear president biden focus on his accomplishment, specifically today on this chips and signs act, we're here at a communications company which according to the white house will benefit from the supply chain benefits of domestic manufactured semiconductor chips. and he will also talk about his accomplishments in coordination with this district's congressman, congressman michael vin, who is in a tough battle for leaks. we heard the president last night sharing those accomplishments. listen. >> with mike's help, we signed the american rescue plan. one of the things that mike has really, really worked on is the environment. with mike's help, i signed the inflation reduction act to bring down the cost of everything you talk about around the kitchen

table. without a single solitary republican vote in the house or senate. so many things that mike helped me get done, help us get done. it is a fact, he did. >> reporter: and listen, congressman la vin won the district two years ago by six points but now sources tell me that this is a neck and neck race right now. and the fact that president biden is here in democratic california four days from election day tells you how tough the man is for democrats, how tough it will be for them to try to retain control of congress and that is why we're seeing this d the president in this district today. >> and what are some of the big names in these final days? >> reporter: yeah, you loo you a harris in illinois, you will see a split screen thi pennsylvania in particular, this is perhaps one of the most closely watched senator and

governor race where you will see former president trump and also former president obama and joe biden also stumping together. and president biden heading to new york on sunday. and if you look at this map, when you see former president trump for example stumping in ohio and florida, president biden today in california on sunday in new york, it shows you that this is what they are focused on is turnout. they are focused on these states that they see as winnable but they want to be able to crank out the turnout even more. that is why you are seeing former president trump in republican leaning states like ohio and florida and president biden today in california and sunday in new york. the only state that is truly competitive where they both are going is pennsylvania. >> president biden having to go to new york now. jarp any diame jeremy diamond, thank you. >> and let's go to jared bernstein. so a strong jobs report, one

showing signs of cooling. the number of adults looking for work has decreased, wage growth slowing. in your view, is it cooling enough to tackle inflation meaningfully? >> yeah, i think that this is a report consistent with the president's top dual goals on the economy which is to maintain the gains we've made since he took the white house particularly in the job market, 10 billion jobs since he got here, 738,000 manufacturing jobs since joe biden took office. and manufacturing employment in this business cycle is faster than any cycle going back to the 1950s and this is very important to the american people because that is a sector of innovative job gains, productive job gains, of good union jobs. in terms of your cooling point, yeah, we saw 261,000 jobs in october. that is a solid number.

go back to last october, that number was north of 600,000. so break neck speed and we're glad to see the '21 job market get so strong, but we need to transition to a steadier cooler job market and i think that that is consistent with today's report. >> fed chair powell believes that the labor market is still overheated and so we should expect more rate increases in the months to come. we're also seeing that companies are at least forecasting in the future possible hiring freezes even layoffs. if the recession which president biden said last month is not something that he thinks will happen, was he wrong about that, are we likely now to see a recession? >> i think it is inconsistent to be talking about recession on a day when we've had 261,000 jobs last month and close to 300,000 jobs per month with an unemployment rate close to a 50 year low. 3.7%. gdp growth was of course well

north of 2% in q3. so these are just statistics that are completely inconsistent with recession. now, as far as the layoffs, and i heard matt egan's rundown, i think one of the things to consider there, there are millions of job vacancies in this economy. there will always be churn in a labor market and i suspect that churn may be elevated as we go forward. and we are in a hiking cycle. but the question is are there gainful opportunities for people in other sectors. one thing i really liked about the i don't be majob market tod is that every sevctor created jobs. and that is what i want to see. is that every sector created jobs. and that is what i want to see. >> one sector that is still struggling is education. i believe a little over 13,000 employees were added. but k through 12 schools are still down nearly 300,000 jobs. the nation's report card shows that students in virtually every

state are declining now in math and in reading. this is a president who ran as a teacher's husband and promised to invest more in education in this country. has he failed on that point? >> reporter: first of all, i think that the president has really come through when it comes to particularly higher education. of course student debt forgiveness and the repayment plans that we've been talking about moving out there. that will help a lot of people. i think that when it comes to the state and local level sector on education that you just described, that is a really important point that you make. i was glad to see the improvement in october's numbers for local education. but we have to do better. i think one of the important things that president biden delivered in that regard was very robust help in the rescue plan, some of which actually remains in the system today. to help states and localities deal with these challenges. but this is an area where you really have openings and vacancies and we need to see more people coming into that

sector. >> our students are failing and he need more qualified teachers, that is a fact. looking at the numbers, this is not technically a recession, we're nowhere near a recession given the amount of hiring that we're seeing every month. that having been said, 75% of americans according to cnn polling, not just republicans, believe that we are already in a recession. just four days away before americans head to the polls. why should voters give your administration, give democrats another chance given how they feel right now? and this is their top issue. >> it is an important question so let me quota e a line of president biden's. don't compare me to the all mighty, compare me to the alternative. this is a great season to compare and contrast the kinds of policy preferences that you have seen from us and that the other side is proposing. let's take the inflation reduction act which i think that we heard a minute ago from your

reporter, the "inflation reduction act" lowers the cost of health care premiums, lowers the cost of prescription drugs, lowers the cost of insulin and clean energy. this is an act that not only pays for itself, that is it offsets its costs, but it lowers the cost of all those components i just mentioned. republicans have told us, and they are not hiding the ball, their top priority is to repeal the "inflation reduction act." and so that means higher prices of medicine and clean energy. and they have said that they are going for social security and medicare. and so i think that if people understand the policy differences on the economy between the two sides here, it should certainly give some clarification to who is fighting for whom. >> so hard not to just run on the time better than the alternative and just be patient because americans still are not seeing these results that you

say are coming. >> let me say something about that. when it comes to easing inflationary pressures, we could talk about the price at the pump down a buck 20 since its peak, we could talk about the unsnarling of supply chain, a real initiative of our administration that is showing up in the good sectors of the economy, we can talk cooling of the housing market very much of the fed's work. but in fact we have seen some progress and we have to keep our heads down and build on the progress we've made thus far not reverse it and go the other way. >> jared bernstein, thank you for your time. appreciate it. former president trump is ramping up both his campaigning for gop advocandidates and also speculation about his political future. >> sources say trump aides are eyeing the week of november 14 to announce his 204 pre24 presidential run. gabby orr is joining us. what more can you tell us?

>> reporter: sources tell us that his top political aides have been talking seriously about having him announce his third presidential campaign during the third week of november, that would put that announcement a little over a week after the midterm elections. that is one of the timing that they have been talking about. because it would give him a full week to let republicans figure out what gains they made or didn't make during the midterm elections and then to ride that momentum potentially into his 2024 announcement. now, they have cautioned that nothing has been firmly decided, they haven't put money down on a ve venue, they haven't figured out where he would announce his campaign, but they are talking about that third week in november as the ideal launch point for another white house bid by former president trump. and this is really the first time that what we're hearing from his aides behind the scenes aligns with what he is out there saying publicly. he has ratcheted up his claims about running for president

again in 2024, saying that elbow potentially probably do it. and in fact even adding to that last night at a rally in sioux city iowa. take a listen to what he told the crowd there. >> now in order to make our country success ful and safe an glorious, i will very, very, very probably do it again. okay? very, very, very probably. get ready, that's all i'm telling you. get ready. >> reporter: so he is layering on the adjectives. first it was probably run, now it is very, very, very probably. all of it leading up to a 2024 announcement most likely later this month. of course that would happen as he remains entangled in a number of investigations including a probe into the documents down at mar-a-lago, the january 6 subpoena that he is still facing and a number of others. >> yeah, not being very subtle

about his future plans. gabby orr, thank you. asa hutchinson is governor of arkansas. good to see you again. let's pick up where gabby orr left off. you've said that former president trump is disqualified from 2024 because of his actions leading up to and on january 6. and you are thinking about making a run. how close are you to making that decision? >> of course voters ultimately decide who is qualified and who they want to support. president trump talks about that he will very, very, very probably run. i would say it is very, very, very unpredictable what he will do. and in terms of the timing, let's get through this election. but in fact if former president trump does announce for president in mid november, that

accelerates the time table for everyone who is looking at it in 2024. so a lot of decisions will have to be made first of the year for sure. in terms of this election, if i could just add, we see president biden going around even at this late date trying to figure out what the right message is. first he is telling them what the biggest problem is. which democracy he says which doesn't work, and now he's trying to tell them that the economy is in great shape. americans know what they are feeling in their pocketbooks and it is not what the democrats are selling this year. and so i think that we've got the right message as we enter the last few days of this election. >> i'll get into message in a moment, but to finish up on 2024, you said a lot of people will have on make a decision in early 2023 if president trump gets back in in november.

if you get in and cheney gets in and christie gets in, trump has maybe 30% of the republican base and the rest of you would split the 70%. so he would just ride his primaries to the nomination. could the best strategy, if this is your goal, to keep him from getting the nomination be to not run, to stay out of it so that, you know, separate -- you don't dilute that majority of the republican vote? >> well, you know, that is in a dream context that every candidate who would consider running would love to have a two or three race. but that is not the reality of our democracy and that is why we have states like iowa and new hampshire that do the winnowing process, get to meet thes and debate that. so it is a different way to approach it. and i think that it is really

undetermined as to who exactly will get in, but i'd expect multiples will enter the race even if president trump does. >> and you haven't ruled it out. >> oh, i haven't ruled it out. we just want to get through and time this right so stay tuned for next year. >> let's talk about 2022 now. this was a question to senator ron johnson of wisconsin. if you lose the re-election, will you accept the results of the vote on tuesday? >> i sure hope i can, but i can't predict what the democrats might have planned. you know, we're not trying to do anything to gain partisan advantage, we're just trying to restore confidence. it seems like there is a lot of in the past a lot of attempt on the part of democrats to make it ease dwroer cheat. we want to make it easy to vote but hard to cheat. >> you've been very selective with your endorsements this cycle. should people who -- or should

election denialism undermining the election talking about a stolen 2020 be disqualified? >> no. first of all, i fully support ron johnson. i hope he wins. it is important for the majority of course that we hope to achieve. and whenever you ask him about the election results, any candidates caught in a difficult position because you don't know how close it will be you don't know whether there will be a need for recount or questions. those are the legitimate processes to determine how the democracy works. it isn't expressing a lack of confidence, it is just let's wait and see what the process is as to how we get there. >> but frank i, that is not what ron johnson said. what ron johnson said is we don't know what the democrats have up their sleeve as if there is something nefarious happening that democrats will try to steal an election in wisconsin. he didn't say let's see what the count is and then maybe a recount or an audit is

necessary. >> well, obviously i might phrase it differently than what ron johnson did. but they will listen to that and make a decision in terms of the voters. but again, there is a big distinction between being concerned about election process and a january 6 type incident in which the peaceful transfer of power is not conveyed and followed through with by former president trump. big difference there. and i think that the candidates really have moved away from the past election. and that is why they are gaining is because they are talking about the economy and crime that is on people's minds. that is the winning message and everything else is a distraction from that. >> so that leads up to the next question. you talked about the issues. there are really three. you mentioned inflation and crime, there is also the border which republicans have been talking about.

inflation, crime, the border. but we saw today from the ranking republican on house judiciary release this 1,000 page map where the oversight committee likely will go if republicans get control of the house. he of course would lead up some of these investigations talking about hunter biden and the search of mar-a-lago. you were on house judiciary. is that the right message? you say economy and crime are the messages to go with, everything else is a distraction. is this a distraction four days before the vote? >> well, of course it depends on who you are speaking to, but in my judgment, we can't go back and involve ourselves with recrimination or getting even because we didn't like what something happened in the past. we do need to address it, and i have no doubt that republican

congress will be having actions on the inflation and the economy and energy. all of those things will be on the table. now, what they will do in oversight committees, there will be some things that have to be raised. but my goodness, let's focus on the big issues that we're campaigning on now and let's not get side tracked with anything to deal with recriminations and the past. >> governor hutchinson, always good to have you. thank you. >> thank you. and former president trump launches a 2024 bid, it could have major implications for the multiple investigations he is at the center of. exclusive details of the active discussions inside the justice department. this is how it feels to have a dededicated fidelity advisr looking at your full financial picture. this is what it's like to have a comprehensive wealth plan with tax-smart investing strategies designed to help you keep more of what you earn.

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a source tells cnn that one of donald trump's most loyal aides kash patel has now testified before a grand jury. >> and they are investigating the handling of classified top secret documents that were taken to the mar-a-lago estate. paula reed is with us now. what are you learning? >> reporter: we've learned that he testified yesterday. and last time he was subpoenaed, he refused to answer questions instead invoking his fifth amendment right. but since then he has been granted immunity, which means that he cannot be prosecuted for any truthful information that he provides. we don't know what he said, but we have a good sense of what

prosecutors likely focused on. patel was one of the fu people to designated to deal with the national archives and the justice department when hose agencies were trying to get back the classified records that former president trump took once he left office. publicly patel has also insisted that trump declassify the documents before he left office. so very likely that prosecutors were trying to hone in on those statements. what does it mean for the former president in this investigation? we don't know because we don't know exactly what he said to prosecutors. a source close to pa setel insi that he will continue to be loyal to the former president. what does that mean? i don't think we'll know patel's definition of loyalty until we learn more about what he told prosecutors. >> all right, thank you, paula. sources tell cnn that doj

officials are weighing the need for a special council to oversee the ongoing federal investigations into former president trump if he launches a 204 pre 2024 presidential bid. >> a lecturer of law is joining us. what do you make of the potential move and would it potentially shield the doj from any accusations that it could be acting politically here? >> i think that takes dicey move. you're right that special council appointment is supposed. but think back and you know that it doesn't do that job. i think that it will open up doj regardless to, you know, political attacks on both sides.

>> how much does it change the time line if at all? >> i think significantly. right now doj is pretty far into those two big investigations, mar-a-lago and january 6. a special counsel would really muck things up. obviously they would turnover information but the special counsel would have his or her own team of prosecutors and i think that it would be a big distraction. >> and what do you think of the old guard well respected prosecutors, names floated are david raskin as well as david rowdy, prosecutor turned defense lawyer. tell us more about these potential names. >> doesn't get more prestigious when you talk about the southern district of new york. former prosecutors there are routinely appointed by federal judges to be special counsels of this nature. so it doesn't surprise me.

they all have very good resumes i would note. >> let's turn to kash patel and a reminder of what he was saying about the documents this is before he testified and offered immunity. >> in october of 2020, president trump put out for the world to see a sweeping declassification order and he did it via social media. every single russiagate doc, every hillary clintongate doc, every one. those are his words. that is the prez department that the president is allowed to operate under. and on the way out, i witnessed him declassify whole sets of documents. >> that is what he said on television and now he has spoken to the grand jury. how does having immunity walking into that room on this topic change potentially this investigation? >> huge deal. very, very big deal for doj to

grant him use immunity, it essentially means if he provides truthful testimony, they can't use it against him. and it means that the target on trump's back is growing bigger and bigger. i would expect that they want information from the decl declassification in the mind of president trump of these large swathes of documents. >> all right. thank you so much, have a great weekend. and troubling signs that cases of the flu and other respiratory viruses are ramping up nationwide. we'll have the latest cdc numbers next. we all have a purpose in life - a “why.” no matter your purpose, at pnc private bank we will work with you every step othe way to help you achieve it. so let ufocus on the how. just tell us - what's yr why?

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troubling new signs of this year's flu season. the cdc says hospitalizations have hit the highest for this time of year in more than ten years. >> and elizabeth cohen is joining to us break down the latest data. what more do we know? >> what we know is that this is a really early flu season, it is so unusual to see so much activity in the early part of november. if you look at illnesses, hospitalizations and deaths, and i will have nearly doubled. hospitalizations rates have not been this high this early since

2009. obvious step we all need to take, get a flu shot. it is not too late. it takes a while for the shot to take effect, so get it and get it soon. >> and there is a new treatment approved in europe to prevent super rsv in infants. tell us about that. >> yes, this is really interesting. we know this has been a terrible year for rsv. and so in europe, they have okayed a shot that is given to an infant and it is just a one time deal, it really seems to be quite effective before so let's look at what it is done. it is a single dose given at birth or just before rsv season, but always given to an an infant, and it protects 77% against rsv hospitalizations. that is an impressive number. and it could be in the u.s. by not this winter but the following winter. they have already applied to the fda for approval.

i don't know if you know anyone who has children who had rsv, it is terrible. a dear friend of i mean, his son, my nephew, you have this very healthy baby and all of a sudden your child is in the ic uflt. it can be very dangerous very quickly. >> and promising with the treatment and sanjay gaupta als talked about a vaccine in the works. >> elizabeth, thank you. and nba star kyrie irving finally says he is sorry for his tweet promoting an anti-semitic documentary but only after the nets suspended him for five games. more o on the fallout next. ethnicity inheritance, nigerian east central from you. benin. my dad's side. 30% japanese. thank u, mom.

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kyrie irving says he is story for his post that protprotest ed an anti-semitic film. >> and this is after his team suspended him for five games without pay stating that he is unfit to be associated with the nets. irving claims he didn't mean any harm and was conducting what he calls research when he came across the documentary. >> i take full responsibility. again, i repeat it, for posting something on instagram or twitter that may have had some unfortunate faulsehoods in it. but i also am a human being that is 30 years old and growing up

in a country that has told me i wasn't worth anything and i come from a slaves class and i come from a people that are meant to be treated the way we are every day. >> and so do you apologize or -- were you apologizing? >> i don't mean to cause any harm. i'm not the one who made the docum documentary. >> a sports analyst is joining us. christine, thanks for coming on with us. so this is now a week into this controversy if not a bit more. this is not his first tan go wih controversy as a professional player. the team seemed to bend over backwards to give him opportunities to apologize and get himself out of this. did they wait too long? >> yes, they did. they waited too long. this is a mess. it should have been dealt with immediately after the first tweet when he didn't apologize.

suspend him right there. he is not a little kid, he is not right out of college, he is 30 years old. he is a flat earther, an anti vaxxer, he has caused heartache and problems almost everywhere he's gone in the nba. and to think that the nets and the nba let it linger for a week, finally calling him unfit and suspending him for gif game, i would have -- i'm not the commissioner, but i think that you kick him out indefinitely and you don't let it linger.wou commissioner, but i think that you kick him out indefinitely and you don't let it linger. this is not just about the nba, this is about the culture in our country and the nba as a leader, a social leader, as a responsible member of society needed to do more quickly on this growing and terrifying anti-semitism we're seeing around the country. >> yeah, when he sent out the tweet late at night saying i'm sorry for the pain that i caused after the suspension, and you didn't do any of that between

the tweet and that suspension, it appears that you are doing it because there is a consequence are not because it is heartfelt. when the nets say he is unfit to play with the team, how do you come back from being unat the time after five games? where do they go from here with this? >> i don't know. i mean, it is obviously a good question and one that we'll continue to ask. i don't see how five games is enough with something that is this traumatic, this awful and has taken over the headlines for the nba and sports and our culture and country for a week. i mean, it is bad. this is bad. it is wrong. and what surprised me is the nba usually gets it. the nba in its bubble, wnba in its bubble, they were well ahead of most leagues in terms social justice, in terms of george floyd's murder. they obviously -- commissioner one of the first things that he did was get rid of an owner

donald sterling in los angeles for his awful remarks and racism. and to let this linger like this, it really surprises me that the nba didn't -- and the nets obviously didn't clamp down on this immediately. >> on ticks weren't fired that they fired their head coach. i get it was for performance reasons, but they fired him before they suspended kyrie. thank you so much. any minute now president biden will give his first on-camera remarks regarding the jobs report. will he effectively leverage the strong numbers to help democrats win on tuesday? we'll discuss. every time she experienced something new, her r stack of hats grew. she even served turkey legs with what's on tapap, all whwhile wearing a viking hat. then she found a place. her many hats would be embraced, and she couldn't hide the excitement from her face. so, polly traded in her hats to help earn her grad cap! your past experience can help you earn your degree faster and for less. get started at phoenix.edu the first time your sales reached 100k

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