Belleville

Business Briefing: More fleeing Illinois than any other state

More residents have left Illinois than any other state this past year.

According to new data from the Census Bureau, Illinois Policy Institute the reports that 105,000 Illinois residents moved out of the state this year. It was the No. 1 state in population loss. The institute said that many who left the Land of Lincoln were “economic refugees.”

***

Applications for unemployment benefits are down from last week. The Labor Department reported that jobless aid applications has fallen by 5,000 since last week. Read more here.

***

The Dow Jones industrial average is down 26 points, or 0.2 percent, in early trading Thursday. Find out more here.

***

The recent interest rate hike, the first in years, has not affected short-term interest rates, yet. A week after the Federal Reserve raised rates, the average on a 30-year fixed-rate mortgage actually decreased from 3.97 percent to 3.96 percent. Learn more here.

— Will Buss, BND business writer

  Comments