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.
Smoke
Latest News Stories
Democrats wary over DNI nominee’s stances on election security
GOP, Dems compete in Arizona congressional races
Abbott directs state investigation into ICE Houston shooting
Industry leaders: Feds can more effectively combat fraud, but privacy rights at risk
Union sues to stop $110B Paramount-Warner Bros. merger
Bipartisan bill would force vote before Social Security cuts hit
Court OKs $45M verdict in talc asbestos case, including $30M for ‘reduced lifespan’
Taxpayers to fund $424.9M soccer stadium infrastructure
Illinois Quick Hits: Benton pulls name from ballot after resignation
Fraud enforcement, weaponization swirl around Blanche’s nomination
Income tax cut on Missouri ballot; Illinois may see more outmigration
Michigan’s U.S. Senate primary heats up as El-Sayed holds lead
