A report of the Executive Office of Labor and Workforce Development (under Section 14F of Chapter 151A of the General Laws) relative to the condition of the Commonwealth’s Unemployment Insurance Trust Fund through July, 2024; and containing projections for estimated contributions, benefit payments, and Unemployment Insurance Trust Fund balances for the five-year outlook period beginning January 1, 2024 and ending December 31, 2028

This legislative report provides an update on the status of Massachusetts' Unemployment Insurance Trust Fund as of July 2024. It details current financial estimates for contributions and benefit payments while projecting the fund's balance through 2028. The document serves as an informational resource for the Executive Office of Labor and Workforce Development and the public, offering a five-year outlook on the fund's solvency without proposing new laws or policy changes.