Aprocess by which someone examines their own conscious experience as objectively as possible, looking inward for answers is called?

I believe the answer is: Introspection

People who constantly do instrospection tend to have a better understanding on their own mental/emotional process. This make it easier for them to identify which type of thinking or behaviour that do not bring positive value in their life and enable them to make necessary adjustment to improve/develop.

your answer is rising unemployment and inflation.