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.
Latest News Stories
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
Arizona Chamber praises new interstate natural gas pipeline
Dems oppose Trump’s bid to end mail-in ballots, voting machines
After two weeks fleeing Texas, House Democrats return, quorum reached
Trump says court’s tariff decision could lead to ‘catastrophic’ collapse
Trump: Zelenskyy could end Russia-Ukraine war ‘if he wants to’
$750 million facility to protect Texas cattle, wildlife from screwworm threat
Chicago posts fewest homicides since 2016, arrests rate also declines
Three years later, Inflation Reduction Act blamed for higher Medicare costs
Illinois quick hits: Prosecutors charge two more in Tren de Aragua case; Senate Energy and Public Utilities Committee meets today; Illinois Little League team loses in World Series
