Illinois quick hits: Unemployment down; Rivian supplier gets tax incentives
Unemployment down
The unemployment rate in Illinois has dropped to its lowest point since July 2023.
The Illinois Department of Employment Security announced the August rate of 4.4%, based on preliminary data from the U.S. Bureau of Labor Statistics.
Total nonfarm payrolls decreased by 13,300 last month. Compared to a year ago, nonfarm payroll increased by 5,900 jobs.
Rivian supplier gets tax incentives
With support from Illinois tax incentives, OPmobility plans to establish their first Illinois facility in Normal to assemble bumpers for Rivian’s R2.
Gov. J.B. Pritzker’s office announced the company plans to create 81 new full-time jobs. The Rivian R2 will be available to consumers in 2026.
Bank executive sentenced
A judge has sentenced the former second-in-command of the Bank of O’Fallon to five years and three months in prison after he pleaded guilty to federal fraud charges.
Andrew P. Blassie, 70, of St. Louis, was also ordered to pay more than $2.4 million in restitution.
Chance Showers And Thunderstorms then Slight Chance Showers And Thunderstorms
Latest News Stories
WATCH: Dems, GOP battle over CA redistricting
Trump holds high-stakes peace talks with Zelenskyy, European leaders
Newsom files FOIA request on border patrol’s appearance
Soaring utility bills, solar federal tax credit cuts dominate Illinois energy debate
Illinois quick hits: Pritzker signs crypto regulations
Trucking industry leader: New law may drive business out of Illinois
DEA targets drug smuggling corridors in work with Mexico
Planned restart of California oil production faces legal challenges
Derailment disrupts train service for Chicago, New York, Washington, Miami
Second Oval Office meeting with Zelenskyy notably different in tone
Senate pledges economic support for Russia-Ukraine deal as govt funding talks stall
Democratic candidates focus on national politics in campaign for U.S. Senate
