A coal-fired power plant in southern Illinois will shed nearly four dozen jobs in the next two months.
Energy Electric Inc. President Bill Sheppard says 19 of the 44 job cuts will be management personnel with the Joppa-based company. Twenty-five union workers in the company with about 233 employees will be laid off Aug. 11.
Sheppard says the reductions are fallout from the struggling economy and wholesale supplier prices that had fallen by 60 percent in 2008 and an additional 15 percent last year. He says drop-offs in the price of natural gas also are a factor.
Ameren Illinois has a new Chairman, President and CEO. Effective immediately, Richard Mark, 57, replaces Scott Cisel, who has "left the company to pursue other interests."
The move is an internal one for Ameren, as Mark jumps over the Mississippi from his former post as senior vice president of customer operations for Ameren Missouri. He's been with the company since 2002.
Shifting into Mark's old spot is Michael Moehn, who will leave a similar post at Ameren Illinois.
Missouri officials say the state lost about 7,300 non-farm payroll jobs in May, even as the state's unemployment rate was unchanged from April at 7.3 percent.
The Department of Economic Development reported the figures Tuesday.
The decline in non-farm payroll jobs followed several months of increases. The 7.3 percent jobless rate is the lowest for Missouri since December 2008, and compares with the national figure of 8.2 percent in May.
Over the past four decades Richard Baron has made a name for himself as a pioneering developer of blighted urban neighborhoods. Baron’s firm, McCormack Baron Salazar has completed scores of projects in St. Louis and across the Midwest. As a native of Detroit, Mich., Baron came to Missouri in the late 1960s.
St. Louis Public Radio’s Adam Allington sat down with Baron at a housing conference of the Bipartisan Policy Center, where he asked him to elaborate on some of the development challenges—and similarities—between Detroit and St. Louis.
The Illinois Department of Employment Security says unemployment dropped during April in 11 of the state's 12 metro areas.
The department said Thursday the biggest decrease was in the Rockford area where unemployment decreased from 12.1 percent in April 2011 to 10.7 percent. The Kankakee-Bradley area wasn't far behind. The jobless rate there fell from 11.8 percent to 10.5 percent. Only the Metro East had an increase - a small jump from 8.3 to 8.4 percent.
Unemployment in the Chicago-Joliet-Naperville metro area decreased from 9.5 percent to 9 percent.