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2nd Lowest Unemployment in IL for Adams County

2nd Lowest Unemployment in IL for Adams County August 24, 2012

[share] July unemployment figures in Adams County rose by 0.1% over June, but remain slightly lower than a year ago. At 6.8%, Adams County is tied for the second lowest unemployment in the state of Illinois.

The City of Quincy’s July unemployment rate is 7.4% which is up 0.3% over last month, but down 0.1% from a year ago in July.

Unemployment figures are available at the Illinois Department of Employment Security website.

Governor Quinn Signs Enterprise Zone Extension Legislation

Governor Quinn Signs Enterprise Zone Extension Legislation August 8, 2012

[share]Governor Quinn signed Senate Bill 3616 on Tuesday, August 7, 2012, “providing stable and predictable job creation and retention incentives for the long term” via the Illinois Enterprise Zone legislation, according to Craig Coil, President of the Illinois Enterprise Zone Association.

Coil went on to say in a press release, “More importantly, it also gives communities with existing zones the opportunity to renew for up to 25 years, thereby stabilizing their long term economic development strategies and giving employers of all sizes and types a measure of predictability in planning for future job development and capital project opportunities.”

Championed by the Illinois Manufacturers Association (IMA) with significant technical assistance and support provided by the Illinois Enterprise Zone Association (IEZA) and the Taxpayers Federation of Illinois (TFI), Senate Bill 3616 represents a true collaboration of ideas and opinions. Illinois employers as well as media and local government leaders, Chambers of Commerce and Economic Development Organizations throughout the state helped promote the merits of the bill as well, reaching out to their respective legislators about the importance of remaining competitive for the long term.

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After nearly three years of discussion and negotiation, the Illinois General Assembly unanimously passed Enterprise Zone extension legislation on May 31st. The bill awaits Governor Quinn’s signature.

According to an email from Craig Coil, president of the Illinois Enterprise Zone Association, “Senate Bill 3616 will provide stable and predictable job creation and retention incentives for the long term, more transparency and performance reporting and revised qualification criteria which may give communities not currently designated as Enterprise Zones the chance to be considered for designation. It also gives communities with existing zones the opportunity to renew for up to 25 years.”

Quincy Adams County Enterprise Zone MapThe Quincy & Adams County Illinois Enterprise Zone was established in 1984 under state legislation. The Enterprise Zone is considered one of the most effective economic development tools available. Enterprise Zone incentives help grow our economy by encouraging job creation, retention and investments in our communities.

Enterprise Zone incentives have included:

  • Property tax abatement
  • Building materials sales tax exemption
  • Reduced permit fees
  • Jobs tax credit
  • Investment tax credit
  • Income tax reductions
  • Machinery and equipment state sales tax exemption
  • Utility tax exemption

Last year the program is credited with creating 8,980 jobs and nearly $2.5 billion in investments throughout the state. In the Quincy/Adams County Zone alone, (which includes portions of Brown County) 61 projects resulted in over $41 million in investments and 423 jobs being created or retained. This does not include the short term construction and other jobs further benefiting local businesses and the economy.

Visit our Incentives Page for details about current incentives available under the Quincy/Adams County Enterprise Zone or contact Cathy Schluckebier (217.228.4515 or cschluckebier@ci.quincy.il.us) with the City of Quincy Department of Planning and Development for more information. 

Adams County Ranks 3rd in Unemployment

Adams County Ranks 3rd in Unemployment July 27, 2012

[share] Adams County June unemployment figures rose slightly over May which can be attributed in part to a seasonal rise that coincides with the end of the school year.

Adams County still has one of the lowest unemployment rates in the state of Illinois at 6.7%. Brown County (4.8%) and Woodford County (6.6%) are the only two counties out of 102 Illinois counties that have lower rates.

The City of Quincy’s June unemployment rate is 7.2% which is up 0.1% over a year ago in June.

See the figures for yourself at the Illinois Department of Employment Security website.

Unemployment Rates Drop Again

Unemployment Rates Drop Again May 25, 2012

[share] Jobless rates declined again in Western Illinois for the month of April. Adams County had the 2nd lowest unemployment rate in the state at 5.6 percent. Brown County had the lowest at 4.1 percent

The City of Quincy’s unemployment sits at 6.0 percent.

For a complete list of unemployment figures across the state, visit the IDES Local Area Unemployment Statistics website.

2012 Tri-State Housing Summit

2012 Tri-State Housing Summit May 16, 2012

2011 Tri-State Development LogoYOU ARE INVITED!
2012 Tri-State Housing Summit – June 7

The Tri-State Development Housing Task Force invites you to join elected officials and business/industry leaders for a day of dialogue about housing issues our region faces including resources, shortfalls and opportunities.

Adequate housing – like highways, healthcare and retail establishments – is necessary to achieve desired growth and quality of life in a region. For that reason, the Tri-State Development Summit established the Housing Task Force in 2005.

Our tri-state region is not immune to housing issues that communities around the country face – availability, affordability and quality. That’s why the Housing Task Force’s mission is to provide affordable workforce housing in the tri-state area. This includes:

  • Increasing affordable housing options for the region’s workforce
  • Providing counseling to first-time home buyers
  • Identifying funding sources for housing development throughout the region

The creation of affordable housing can increase community pride, help attract industry and increases property values and the community tax base. Please join us Thursday, June 7, 2012 on the Campus of Culver Stockton College. Agenda and registration details are below.

Summit Agenda

8:00-8:45 REGISTRATION
8:45-9:00 WELCOME
  • Don Patrick, President/CEO, NECAC
  • Dick Valentine, President, Culver Stockton College
  • Jarred Phillips, Mayor, City of Canton
9:00-9:30 TRAINING FOR WORKFORCE HOUSING
  • Howard Kirchner, Workforce Development Director, Two Rivers Regional Council of Governments
  • John Spring, Mayor, City of Quincy
  • Stefan Crider, President, Crider Construction
9:30-10:30 LEGISLATIVE VIEWS
  • Senator Brian Munzlinger (Invited)
  • Rep. Craig Redmon (Invited)
  • Rep. Paul Quinn
  • Rep. Tom Shively
  • Rep. Lindell Shumake
10:30-10:45 BREAK
10:45-11:15 HOUSING AND NEIGHBORHOOD DEVELOPMENT
  • Nadia Anderson, Iowa State University
11:15-11:45 WORKFORCE HOUSING OPPORTUNITIES
  • Stacey Epperson, President, Next Steps
11:45-1:00 LUNCH
  • Missouri Lt. Governor Peter Kinder (Invited)
1:00-1:30 FUNDING OPPORTUNITIES FOR AFFORDABLE HOUSING
  • Janine Stephenson, Area Specialist, USDA Rural Development
  • Lindsay Cheek, Area Technician, USDA Rural Development
1:30-2:15 HOUSING DEMAND AND AFFORDABILITY: TRENDS IN THE TRI-STATES
  • Bobette Cawthorn, President, Quincy Realtors Association
  • Gary Broughton, Century 21 Broughton Team
2:15-2:45 CLOSING REMARKS
  • Chuck Scholz, Member, Tri-State Development Summit Steering Committee

Details & Registration:

DATE: Thursday, June 7, 2012

LOCATION: Culver Stockton College, Canton, MO

TIME: 8:00 am Registration, 8:45 am – 2:45 pm Program

COST: Free (lunch is furnished)

DEADLINE: Friday, May 25, 2012

To Register / For More Information:

Email or call Carla Potts (cpotts@necac.org or 573-324-6622) with the following information (You will receive more details including location and parking instructions upon registration):

  • Name
  • Organization
  • Address
  • Phone
  • Email Address
  • # Attending

Unemployment Rates Fall in March

Unemployment Rates Fall in March April 26, 2012

[share]Adams County continues to be among the lowest in the state when it comes to unemployment numbers. March 2012 unemployment for the county was 6.3%. That’s down 0.8% from February and makes Adams County the 2nd lowest county in the state behind Brown County (4.6%).

The City of Quincy was at 6.6% for the month of March, also down 0.8% from the previous month.

View the unemployment rate numbers around the state of Illinois for yourself at the IDES Local Area Unemployment Statistics website.

2012 March IL Unemployment Map by County

GREDF Annual Meeting – January 11, 2012

GREDF Annual Meeting – January 11, 2012 December 30, 2011

You are Invited!

[share] GREDF’s 2012 Annual Meeting will be held Wednesday, January 11th at the Oakley Lindsay Center, 300 Civic Center Plaza, in Quincy. A cash bar will be available beginning at 5:00 pm with the meeting starting at 5:45 pm. No RSVP is required and the event is free and open to the public. Members of the business community and general public are encouraged to attend.

Outgoing GREDF Board Chairman, Connie Schroeder, Vice President of Corporate Integration and Innovation at Blessing Corporate Services will give the evening’s feature presentation which includes highlights from the past year. This year’s theme is “Telling Our Story”.

Other speakers include Quincy Mayor John Spring and Mike McLaughlin, Chairman of the Adams County Board.

GREDF has been a driving force in Quincy and Adams County, Illinois, since 1978. Our number one priority is to retain existing businesses and help them grow. We assist prospective businesses, site consultants and entrepreneurs. As our name, “Great River” implies, we collaborate regionally with our neighbors along the Mississippi River in Western Illinois, Northeast Missouri and Southeast Iowa.

For more information about GREDF and our 2012 Annual Meeting, please call our office: 217.223.4313 or email gredf@gredf.org.

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300 Civic Center Plaza
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Quincy, IL 62301
Phone: (217) 223-4313
Fax: (217) 231-2030
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