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
Latest News Stories
Illinois Quick Hits: Chicago city workers owe more than $19M
Attorney expects conversion therapy ruling to impact Illinois ban
Millionaire’s tax proposal draws mixed reviews as deadline approaches
Universities warn state funding delays are wasting millions in taxpayer investment
Illinois Quick Hits: Loyola student’s alleged killer faces federal firearm charge
Casey City Council Approves $91,500 Investment for New Emergency Sirens
Goble’s Dominant Relief Stint Sparks Casey-Westfield to 12-0 Shutout Win
Report: Coordinated resilience infrastructure is needed in age of AI
U.S., NATO alliance on the line as Trump set to meet with Rutte
BREAKING: Trump fires Bondi, Blanche to lead DOJ
States sue Trump administration over rollback of some air pollution regulations
Energy affordability report ranks Illinois 31st, warns of ‘burdensome’ mandates
