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
Pratt, Bass on track to face each other in Nov. 3 mayoral race
Kiley, Wahab, Desmond hold onto leads in House districts
GOP maintains leads despite congressional redistricting
WATCH: Trump acknowledges Iranian hardliners could jeopardize deal
Advocates applaud, condemn SPLC wire fraud charges
Gallagher elected to serve rest of LaMalfa’s term in Congress
Four House Republicans rebel against Trump, help pass War Powers Resolution
Hilton, Becerra remain ahead in California gubernatorial race
Budget math undercuts Bessent’s deficit reduction pledge
State Police, IDOT break ground on $14M training facility
Republican data privacy bill scrutinized in congressional hearing
World Cup: Economic impact equation includes displaced regular tourism