Economy

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GM in Wentzville
4:42 pm
Mon May 21, 2012

General Motors expanding production at Wentzville plant

General Motors broke ground on Monday for a new $380 million expansion to its Wentzville Assembly Plant.

When GM declared Chapter 11 in 2009 the Wentzville plant was subject to talks of being shut down. Few people envisioned a day like today when the company would be adding 500,000 square feet to Wentzville.

The company says the move will create some 1,000 new jobs, with priority given to workers from the soon-to-be closed plant in Shreveport, La.

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Unemployment Rate
12:32 pm
Thu May 17, 2012

Illinois jobless rate drops but job growth slows

Credit (via Flickr/KellyB)

Updated at 3:23 p.m. with Associated Press correction. Government hiring was not down in April.

Unemployment across Illinois dropped in April for an eighth straight month, but job growth all but stalled.

The Illinois Department of Employment Security said Thursday that statewide unemployment fell to 8.7 percent. That's down a tenth of a percentage point from 8.8 in March. The national jobless rate was 8.1 percent.

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