Unemployment is a troubling problem that affects every area of the economic sector. In times of economic turmoil, unemployment rates typically increase for workers from all industries, influenced by a number of economic indicators, including consumer confidence, inflation, government spending, and economic growth.

As economic conditions decline, businesses of all types are affected, and as a result, they must cut costs, often in the form of job cuts. Unemployment results in a number of economic and emotional consequences for those affected. The following discussion will distinguish between two types of unemployment and its various causes as well as the influence of the events of September 11 and afterward that have resulted in higher rates of unemployment across the United States.

Causes of Unemployment

In the fourth quarter of 2002, unemployment rates soared to 6%, the highest jobless rate since 1995 (Cooper 25). Despite promising indicators that an improvement will be...
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