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.
Events
Latest News Stories
Trump: Americans to receive $2,000 each from tariff revenue
City Hall Remodel Plans Move Forward for Public Bidding
Taxpayer costs rise as U.S. mounts pressure campaign against Venezuela
Large naval presence in Caribbean ahead of Ford arrival
Voting rights group warns CA redistricting push could undermine trust in IL
Chicago downtown office space vacancy rate jumps to record high levels
Casey’s Comprehensive Plan Nears Completion, Public Hearing Set
Federal court backs union on feds’ partisan emails
Senate Democrats propose new govt. funding deal; Republicans reject it
Trump administration will fully fund SNAP despite appeal
Report: Princeton ranked best university, best school overall
Trump blasts cost overruns at Obama Presidential Center in Chicago
