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Unemployment Trust Fund. The Unemployment Trust Fund ( UTF) is composed of 59 accounts in the United States Treasury related to unemployment insurance program. Specifically, there are 53 state accounts, 4 federal accounts, and 2 accounts in connection with Railroad Retirement Board.
Initial filings for unemployment benefits in Massachusetts rose last week compared with the week prior, the U.S. Department of Labor said Thursday. New jobless claims, a proxy for layoffs ...
Right now, 10.1 million Americans are unemployed, according to the Labor Department. Many of those people are relying on unemployment insurance to get by, and for some, those benefits will soon be ...
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Outlays from state trust fund accounts are projected to exceed revenues and interest income by $16.0 billion in FY 2011 and $15.1 billion in FY 2012. State trust fund account balances, net of loans, are projected to continue to fall, from -$27.4 billion at the end of FY 2010 to -$62.7 billion at the end of FY 2013, before starting to grow again.
Leadership. The current Secretary of Labor and Workforce Development is Lauren Jones, who was appointed by Governor Maura Healey in January 2023.. Mission. The EOLWD missions is to enhance the quality, diversity and stability of Massachusetts' workforce by making available new opportunities and training, protecting the rights of workers, preventing workplace injuries and illnesses, ensuring ...
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Initial filings for unemployment benefits in Massachusetts rose last week compared with the week prior, the U.S. Department of Labor said Thursday. New jobless claims, a proxy for layoffs ...