US jobless rate near 5-year high

US loses 62,000 jobs during June
US firms cut jobs for a sixth month in June, stoking fears the world's largest economy is heading for a recession.

US unemployment rate up at 5.5%
The US unemployment rate rose to 5.5% in May after the economy lost 49,000 non-farm jobs, official data shows.

US jobs data gives positive shock
The US economy lost a fewer than expected 20,000 jobs in April, official figures from the Labor Department show.

Uneasy ride for Harley-Davidson
The slowing US economy hurts sales of Harley-Davidson motorbikes and forces the firm to cut jobs.

Rolls-Royce plans 2,000 job cuts
Aircraft engine maker Rolls-Royce says it plans to cut up to 2,000 jobs in 2009, including 140 in the UK.