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.
Partly Sunny then Slight Chance Showers And Thunderstorms
Latest News Stories
Bonta’s anti-Exxon emails may have run afoul of CA corruption law: Claim
Expulsion votes for two members of Congress could happen next week, Luna says
NAACP sues xAI over air pollution near Memphis data center
Trump says he’s ready to nominate up to three Supreme Court justices
Military hostilities in Iran continue after Senate tanks War Powers Resolution
WATCH: Detransitioner battles to revive landmark malpractice and fraud lawsuit
Iran economic fallout is temporary, Hassett says
Illinois Quick Hits: NFIB says biz deduction will bring jobs, benefit to Illinois
Soaring costs and short supply shut millennials out of housing market
Vought testifies before lawmakers on Trump’s $2.1T budget request
SNAP eligibility changes spark debate on gap for impacted recipients
Trump puts spotlight on China, Iran’s top oil consumer
