The memorandum provides an update on the Massachusetts Unemployment Insurance Trust Fund (UI Trust Fund) as of June 30, 2026. The preliminary ending balance of the fund was reported at $1.50 billion, with year-to-date employer contributions totaling $1.27 billion. Additionally, the Department of Unemployment Assistance (DUA) disbursed $1.30 billion in benefits for regular unemployment insurance, covering 488,338 claims. The report emphasizes that the figures presented are based solely on actual dollars collected or disbursed.

Furthermore, the memorandum notes that an agreement between the Commonwealth and the U.S. Department of Labor was reached on January 17, 2025, which resolved any outstanding liabilities related to pandemic unemployment insurance overdraws from federal programs initiated during the COVID-19 pandemic. The first payment under this agreement was made on December 1, 2025. The data regarding the UI Trust Fund is accessible on the newly created Massachusetts Unemployment Insurance Trust Fund webpage, which includes visualizations of data from June 2025 to June 2026.