NYC lost more than 1,000 private-sector jobs in the past year, the labor department reported. Total employment grew over the 12 months through September only because of hiring by city government, primarily teachers. NYC's official unemployment rate held at 18-month low of 4.8%.

@Amtrak executive Andy Byford says $6B-to-$8B transformation of Penn Station in NYC will take 5-6 years and is scheduled to start before end of 2027. That means around 2023 for completion.

Speaking for master developer of Penn Station overhaul, Peter Cipriano says they will ask Trump administration this fall for an amount of funding that could be historically large, "multiple billions." Byford said he hoped feds would cover 80% of the cost.