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
Bill would give parents access to expulsion evidence
WATCH: Pritzker IDs half billion in ‘reserves;’ SCOTUS considering gun ban challenge
Proposed Illinois bill would let local voters approve rent control, drawing sharp criticism
Businesses close in Minnesota for anti-ICE ‘economic blackout’
Illinois Quick Hits: Higher ed board pushes for more spending
Policy Change Relaxes Grade Exclusion Requirements for Returning Students
Pritzker says $481.6 million put in reserves, GOP questions state spending
Illinois Quick Hits: HHS: IL abortion referral rule violates federal law
WATCH: Resolution condemning federal immigration law enforcement sparks debate
Casey City Council Bans Sale and Possession of Kratom Products
Council Pursues Site Readiness Grant; Discusses Outsourcing Code Enforcement
Chicago splits pension payments in hopes of Improving cash flow