52-01-05. Declaration of public policy

52-01-05. Declaration of public policy

Involuntary unemployment creates a hardship on the unemployed worker and the

unemployed worker's family and leads to a state of economic insecurity. Relief from problems of

involuntary unemployment imposes a statewide burden of serious consequence to the people of

the state of North Dakota which can best be met by unemployment insurance for the working

person who becomes unemployed through no personal fault. The legislative assembly,

therefore, declares that the public good and general welfare of the citizens of the state requires

that for laboring people genuinely attached to the labor market there be a systematic and

compulsory setting aside of financial reserves to be used as compensation for loss of wages

during periods when they become unemployed through no fault of their own.