Okla. Stat. tit. 40 § 2-706

Current through Laws 2024, c. 453.

Section 2-706 - State "on" indicator

There is a "state 'on' indicator" for this state for a week if the Oklahoma Employment Security Commission determines, in accordance with the regulations of the Secretary of Labor of the United States, that for the period consisting of such week and the immediately preceding twelve (12) weeks, the rate of insured unemployment, not seasonally adjusted:

1. Equaled or exceeded one hundred twenty percent (120%) of the average of such rates for the corresponding thirteen-week period ending in each of the preceding two (2) calendar years, and equaled or exceeded five percent (5%); or

2. Equaled or exceeded six percent (6%).

Any optional or revised "state 'on' indicator" or indicators or optional waiver by a state of any such indicator or part of any such indicator provided for by Congress for any period of time shall be considered to be in effect in Oklahoma for such period of time.

Okla. Stat. tit. 40, § 2-706

Added by Laws 1980, SB 637, c. 323, § 2-706, emerg. eff. 7/1/1980; Amended by Laws 1982, HB 1808, c. 304, § 12, eff. 10/1/1982; Amended by Laws 2002 , SB 1404, c. 452, §18, eff. 11/1/2002.