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.
Sunny
Latest News Stories
NFIB says economy growing, but jobs lagging
‘I don’t have anything to negotiate:’ Johnson holds firm on GOP shutdown strategy
Analyst points to inefficiencies as Pritzker touts record spending on infrastructure
Federal judge blocks cuts in anti-terror funding to NYC transit
Businesses seek more time to address ‘diverging interests’ in tariff challenge
Israel-Hamas peace deal in limbo as clock ticks away on deadline
Trimming the fat: Trump boasts of shuttering government agencies amid shutdown
Trump freezes $18 billion in NYC infrastructure over DEI policies
Illinois quick hits: DHS announces more than 800 illegals arrested; utility prices drop slightly
WATCH: Officials shift shutdown blame; agreed-bill process upended; GOP offers solutions
Critics: Democrat Senators supporting “Democracy’ amendment would curtail free speech
LA skyscrapers for homeless could cost federal taxpayers over $1 billion
