Okla. Stat. tit. 40, § 40-1-103

DECLARATION OF STATE PUBLIC POLICY. As a guide to the

interpretation and application of this act, the public policy of

this state is declared to be as follows: Economic insecurity due to

unemployment is a serious menace to the health, morals, and welfare

of the people of this state. Unemployment is therefore a subject of

general interest and concern which requires appropriate action by

the Legislature to prevent its spread and to lighten its burden

which now so often falls with crushing force upon the unemployed

worker and his family. The achievement of social security requires

Oklahoma Statutes - Title 40. Labor Page 14

protection against this greatest hazard of our economic life. This

objective can be furthered by operating free public employment

offices in affiliation with nationwide system of employment

services, by devising appropriate methods for reducing the volume of

unemployment and by the systematic accumulation of funds during

periods of employment, thus maintaining purchasing power and

limiting the serious social consequences of unemployment. The

Legislature, therefore, declares that in its considered judgment the

public good, and the general welfare of the citizens of this state

require the enactment of this measure, under the police power of the

state for the establishment and maintenance of free public

employment offices and for the compulsory setting aside of

unemployment reserves to be used for the benefit of persons

unemployed through no fault of their own.