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.
Mostly Sunny
Latest News Stories
Build America 250 Act would help Uber, Lyft with lawsuits
Supreme Court declines hearing Catholic donations case
Investigation: Sanders’ anti-oligarchy tour spent $608k on elite travel
Illinois news in brief: Prosecutors charge man with using care in attempt to kill cops; Military higher education bill goes to governor; Burrito chain closes locations in Chicago area
Lincoln-Way North to Host TV Pilot Filming Under $210,000 Rental Deal
Analysts: Redistricting to cost taxpayers, while slowly shifting election outcomes
Trump honors fallen service members, vows Iran will not obtain nuclear weapon
Stephen Colbert returns to community show after final ‘Late Show’ appearance
TVA reports solid financial results, acknowledges resource plan delays
Illinois dual office holding debate intensifies amid Calumet funding, ethics concerns
School choice Yass Prize awards continue, $20M worth of grants awarded nationwide
U.S. sees progress in Iran talks, Tehran says no deal yet
