The memorandum provides an update on the Massachusetts Unemployment Insurance Trust Fund (UI Trust Fund) as of November 30, 2025. The preliminary ending balance of the fund is reported to be $1.67 billion, with year-to-date employer contributions totaling $1.45 billion. Additionally, the Department of Unemployment Assistance (DUA) has disbursed $2.13 billion in benefits for regular unemployment insurance, covering 749,499 claims. The memorandum also notes that an agreement between the Commonwealth and the U.S. Department of Labor has resolved any outstanding liabilities related to pandemic unemployment insurance overdraws, with the Commonwealth making a payment of $203,417,383.54 under this agreement. Furthermore, the memorandum highlights that data regarding the UI Trust Fund is accessible online at Mass.gov/UITrustFund, featuring visualizations of the fund's performance from November 2024 to November 2025. This update serves to inform legislative leaders about the current status of the UI Trust Fund and the financial implications of the recent agreement with the federal government.