August Jobs Report

The August jobs report reported 4000 jobs were lost. Economists were expecting an addition of 100,000 jobs. We further had downward revisons for the months of June and July. So, is the housing slump affecting other areas of the market? Do we get a rate cut on Sept 18? Difficult questions to answer. But we don't want the Fed to cut on Sept 18 as this will only lead to further weakening of Dollar.