NYT: The board of the Metropolitan Transportation Authority voted 11 to 2 on Wednesday afternoon to implement a package of severe cuts to transit service, including the elimination of two subway lines and dozens of bus routes.
The service reductions, to be phased in starting in June, will save $93 million a year, part of an effort by the strapped authority to dig itself out of a $400 million budget shortfall.
Plus, NYT: The city’s official unemployment rate was 10.2 percent last month, down from 10.4 percent in January, the state Labor Department reported on Thursday. That was still significantly higher than the national unemployment rate, which was 9.7 percent in February.
The number of private-sector jobs in the city rose by 8,100 last month...
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