Buffalo Bloviator

One of WNY’s largest and most important economic goals of the past five decades has been achieved and even surpassed.

According to the latest unemployment figures released by the NYS Department Of Labor, unemployment in Erie County has dropped to a record 4.4%. Economists generally consider 4.7% unemployment as representative of full employment. The unemployment rate for the entire nation is now only 4.6%, which is considered slightly better than full employment. Erie County is actually now beating the nation and beating the state in this very significant economic indicator.

The great numbers illustrate the fact that we have successfully established the most industrially diverse economy in the nation. We are close to achieving population market equilibrium. Recent job creation in the insurance and finance industries has helped push us over the top.

Now, if you don’t fear that taking a moment to celebrate good news will threaten our philosophy of invincible pessimism, let’s toast this achievement. 

Mr. and Mrs. Bloviator were among the delighted diners last night at the Rue Franklin restaurant as world famous concert pianist Van Cliburn dropped in for a surprise performance. Here Cliburn is shown asking the Bloviator for directions to Ted’s.