At a minimum, each State shall administer a labor exchange system which has the capacity:
(a) To assist jobseekers in finding employment;
(b) To assist employers in filling jobs;
(c) To facilitate the match between jobseekers and employers;
(d) To participate in a system for clearing labor between the States, including the use of standardized classification systems issued by the Secretary, under section 15 of the Act; and.
(e) To meet the work test requirements of the State unemployment compensation system. [48 FR 50665, Nov. 2, 1983, as amended at 64 FR 18762, Apr. 15, 1999]