Editing Mount Carmel, Illinois (section)

==Employment and environment==
[[File:Mount Carmel Market.JPG|thumb|left|Market St. in midsummer]]
The town had an unemployment rate of 5.4%, as of Dec 2014.<ref>{{Cite web |url=http://www.ides.illinois.gov/LMI/Local%20Area%20Unemployment%20Statistics%20LAUS/countymap.pdf |title=Archived copy |access-date=2015-02-23 |archive-date=2015-02-23 |archive-url=https://web.archive.org/web/20150223180007/http://www.ides.illinois.gov/LMI/Local%20Area%20Unemployment%20Statistics%20LAUS/countymap.pdf |url-status=dead }}</ref>  The situation has substantially improved since 1992, when the unemployment rate peaked as high as 15.1% with the loss of industrial jobs.<ref>[http://www.economagic.com/em-cgi/data.exe/blsla/laucn17185003 Historical unemployment data]</ref>

Duke Energy's [[Gibson Generating Station]] is the nearest employer of substantial size.  The [[Gibson County, Indiana]] power plant is located less than a mile away from Mount Carmel, directly across the river.  It is the third-largest [[coal power plant]] in the world,<ref>[http://www.gibsoncountyin.org/attractions.htm Attractions in Gibson County] {{webarchive|url=https://web.archive.org/web/20060723090306/http://www.gibsoncountyin.org/attractions.htm |date=2006-07-23 }}</ref>  and the ninth largest power plant in the United States.<ref>{{cite web|url=http://www.eia.doe.gov/neic/rankings/plantsbycapacity.htm|title=Electricity in the United States|access-date=29 May 2016}}</ref>

Additional nearby employers include [[Toyota Motor Manufacturing Indiana]], which produces the [[Toyota Sequoia|Sequoia]], [[Toyota Sienna|Sienna]], [[Toyota Highlander|Highlander]], and [[Toyota Highlander Hybrid|Highlander Hybrid]] lines. Many of TMMI's Suppliers and subsidiaries are also located in and around Princeton, Indiana, 12 miles away. Other employers include Champion Laboratories plant in [[Albion, Illinois]] that produces air and fuel filters and an [[ATS Automation Tooling Systems|ATS]] (now [[Toyota Boshoku|TBIL]]) plant in Lawrenceville, which also supplies TMMI.  Local employers include several oil and gas firms, exploiting the Southern Indiana Oil Basin, which extends into Illinois, Indiana, and [[Kentucky]]. It once had reserves of more than {{convert|4000000000|oilbbl|m3}} of [[crude oil]].

On April 5, 2007, Foundation Coal Holdings, Inc., of [[Linthicum Heights, Maryland]], announced plans to close the Wabash Mine in nearby [[Keensburg, Illinois]], meaning a loss of nearly 230 jobs in [[Wabash County, Illinois|Wabash County]].{{Citation needed|date=July 2008}} Mount Carmel lost 270 jobs in 2003 due to the closing of a Snap-on Tools factory, which had operated since 1937.