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.
Showers And Thunderstorms Likely
Latest News Stories
Soldier’s insider trading case puts prediction markets to the test
U.S. will continue blockade ‘as long as it takes,’ Hegseth says
Village Board Approves Zoning Variance for 747 Penfield Street
Will County Takes Jurisdiction of Countyline Road in $1.84 Million Agreement with Kankakee County
Green Garden Township’s Wildflower Farm Granted Third Special Use Extension
Gori seeks quick end to asbestos fraud, lawsuit ‘bounties’ case
Texas Ten Commandments law may reach Supreme Court
Feds reopen probe into LAUSD race-based program
Trump won’t be rushed on Iran as clock ticking for the regime
Multiple House Republicans defy proposed 3-year FISA Section 702 extension
Fetterman wants SNAP to cover hot rotisserie chicken
Advocates warn of looming debt crisis
