Mathematically speaking, U(n) is what is known as a unitary group. In particular, when n = 1, as Acuriousmind stated, we get what is known as the "circle group". This group in particular is composed of all numbers on the complex plane {with asb(1) under the multiplication}. However, for all values of n, the unitary groups contain copies of n = 1 (or U(1)).
Actually, during the developement of quantum mechanics, a decision was made by Weyl and Fritz London to modify gauge theory by changing the scalar factor into a complex quantity, which in effect,turned the scale transformation into a change of phase (which is U(1) gauge symmetry).