American employers shed 131,000 jobs in July. Data sparks rally in government bonds but stock indices fall. Katie Allen, Guardian, August 6, 2010 Employers in the US shed twice as many jobs as expected in July, fanning fears that the recovery in the world's largest economy will not see a revival in employment. The US government said 131,000 jobs were lost overall, compared with forecasts for a 65,000 fall. The drop was mainly due to work finishing for temporary staff hired by the government to conduct its census. But private hiring was also weaker than expected. ... US