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Unemployment Rates Increase in Most Metro Areas

Not Seasonally Adjusted Unemployment Rates   Metropolitan Area Jan. 2017 Jan. 2016 Over-the-Year Change Bloomington 6.1% 5.9% 0.2 Carbondale-Marion 7.0% 6.8% 0.2 Champaign-Urbana 6.1% 5.9% 0.2 Chicago-Naperville-Arlington Heights 5.8% 6.5% -0.7 Danville 8.6% 8.2% 0.4 Davenport-Moline-Rock Island, IA-IL 6.3% 6.7% -0.4 Decatur 7.7% 7.7% 0.0 Elgin 7.2% 6.8% 0.4 Kankakee 8.3% 7.9% 0.4 Lake-Kenosha, IL-WI 6.5% 6.2% 0.3 Peoria 8.3% 7.7% 0.6 Rockford 11.1% 7.8% 3.3 Springfield 6.1% 5.9% 0.2 St. Louis (IL-Section) 6.6% 6.7% -0.1 Illinois Statewide 6.5% 6.7% -0.2 * Data subject to revision.   CHICAGO–The majority of Illinois’ metropolitan (metro) areas experienced increases in their over-the-year unemployment rate. Five of the metro areas had increases in nonfarm jobs, eight reported declines,... Read More.

The Illinois Funds Receives Top Credit Rating

S&P Global Ratings has issued The Illinois Funds investment pool a AAAm credit rating, the highest available, Illinois State Treasurer Michael Frerichs said.   The strong, positive rating of the treasurer’s office investment fund counters the string of downgrades and negative outlooks issued to instruments issued... Read More.
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Severin Moves Helping Paws Legislation Out of the House

Legislation introduced by State Representative Dave Severin (R-Benton) that would provide additional assistance to veterans suffering from post-traumatic stress disorder (PTSD) or depression received unanimous approval from the Illinois House of Representatives on Wednesday, March 15th. HB 2897 dictates that veterans suffering from PTSD or... Read More.
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Righter legislation protects property owners’ rights

To provide greater protections for private-property owners when utility companies seek to install power lines, State Sen. Dale Righter (R-Mattoon) is sponsoring legislation to slow the process and give property owners more rights.   “While the electric grid does need to be expanded due to... Read More.