(1) Is it true that the category of representations of $U(n)$ is equivalent to the category of representations of $SU(N) \times U(1)$? If so, how is it proved, or what is a good reference. (I guess one uses the $N$-fold cover of $U(N)$ by $SU(N) \times U(1)$.)
(2) The representations of $U(N)$ are labelled by tuples $\alpha \in {\mathbf Z}^n$, while the representations of $SU(N) \times U(1)$ are labelled by certain tuples $\beta \in {\mathbf N}^{N-1} \times {\mathbf Z}$. Assuming (1) to be true, how do the two labellings relate to each other, ie given an $\alpha$, how can one find a $\beta$?