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-related unemployment insurance overdraws. The first payment under this agreement is scheduled for December 1, 2025. For further details, the UI Trust Fund data is accessible online at Mass.gov/UITrustFund, featuring visualizations of data from April 2024 to April 2025.