Nowadays, the unemployment rates in the United States are significantly increasing. Many people are losing their jobs. Therefore, many people are trying to find out the reason that causes this high unemployment rates. In spite of the government and individual decision is one of the factors that affect the employment rates; however certainty globalization is also the main factor of this issue. One the connection between globalization and unemployment is the number of competitors rising, which make some local firm has no matches with their competitors. The other connection between globalization and unemployment which consumers have more choice of good and services which may cause local firms lose their monopoly of the market within the country. However, globalization might increase employment in some countries where labor costs are less, for example in China where labor cost is cheaper, therefore global firms will have their industries in China.

Globalization of market is a mega trend which is inevitable that had altered the international business backdrop by allowing both obtaining and marketing activities on a global level. Nonetheless, peoples are having mix feelings toward globalization which people may agree that trades will benefit consumers but at the same time it also impact on labor market on global level. Employees who lose their jobs due to globalization have to go through some time before discovery a new employment opportunity. During the transition, job reallocations will significantly increase the rate of unemployment (Felbermayr, Prat & Schmerer, 2011).

Nevertheless, market globalization is not a recent phenomenon since it has taking place when humans started to interact with other peoples over long distance in different regions. Although globalization is not new, however “at the start of the nineteenth century, globalization was distant