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Unemployment Recession is the significant factor that effects employment in the American economic system. Recession is a period of decline in total output income, employment and trade lasting 6 months to a year. For the year 2002 employment declined by 1.0 percent at the national level. The 1.0 percent decline left a half a million people unemployed. Unemployment plagues the economic system because of its recession trends, different causes affecting the job market, and its economic costs. In April of 2002, the unemployment rate raised to 6.0 percent the highest level in eight years; this was due to recession characteristics. The recession characteristics include stock market drop, a slowdown in production technology, the failure of computer companies, and a major drop in air travel due to the tragedy of September 11. According to the Federal Reserve the unemployment rate of 2002 is mild to the recession of 1981-82. During the recession of 1981-82 the U.S. employment rate fell by 2.9 percent and the nation’s unemployment rate rose to 10.7 percent (highest