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
Latest News Stories
Multiple illegal border crossers killed after causing high-speed pursuits
Canada caves to pressure from Trump over Ronald Reagan ad
Exclusive: Colorado lawmakers split over limits on taxes
Casey-Westfield Schools Showcase Student Success in Academics, Athletics, and Arts
A Week of Warrior Pride: Homecoming at Monroe Elementary
Americans on Social Security will see 2.8% benefits boost next year
Better-than-expected inflation report generates cut predictions
Op-Ed: 340B needs transparency to fulfill Its mission
India’s Reliance says it will abide with sanctions on Russian oil purchases
From Creative Cells to Chemical Reactions: Science in Action
Marshall Edges Lady Warriors in Thrilling Senior Night Matchup
Critics warn Illinois’ ‘megaproject’ tax breaks shift costs to taxpayers
