The United States Postal Service announced Thursday that it will soon begin consolidating dozens of mail processing facilities across the country. Part of Rockford's operations will be transferred to the Carol Stream distribution center. The other half will be absorbed by the facility in Palatine.
Construction is nearing for an 80-room, four-story Hampton Inn along I-88 and Annie Glidden Road in DeKalb. Mayor Kris Povlsen says the hotel may keep visitors from leaving the city to stay overnight in neighboring towns.
Rockford-based Swedish American Health System has announced layoffs and job position eliminations to stay in the black, citing potential reductions to reimbursement rates under the state's Medicaid program.
Unemployment in the Rockford metro area dropped from 13.4 percent in March 2011 to 11.7 percent in March 2012 -- the largest decline in any Illinois metropolitan area – according to a government report released Thursday. Statewide unemployment dropped to 9.0 percent.
Unemployment in the city of Rockford also dropped 1.7 points, but it stands at 12.8 percent this year compared to 14.5 percent in March 2011.
The Rockford metro unemployment rate is the highest in the state. The lowest rate is in the Bloomington-Normal metro area at 6.7%. The DeKalb County rate fell 0.6 point to 8.4%