The memorandum provides an update on the Massachusetts Unemployment Insurance Trust Fund (UI Trust Fund) as of April 30, 2025. The preliminary ending balance of the fund is reported to be $1.66 billion, with year-to-date employer contributions totaling approximately $999.29 million. Additionally, the Department of Unemployment Assistance (DUA) has disbursed $867.31 million in benefits for regular unemployment insurance, covering 330,607 claims. This report focuses solely on the actual financial transactions related to the fund. Furthermore, the memorandum notes that on January 17, 2025, the Commonwealth reached an agreement with the U.S. Department of Labor to resolve any outstanding liabilities concerning pandemic unemployment insurance overdraws from federal programs initiated during the COVID-19 pandemic. The first payment under this agreement is scheduled for December 1, 2025. For further details, data visualizations of the UI Trust Fund from April 2024 to April 2025 can be accessed at Mass.gov/UITrustFund.