The Labor Department reports March hourly wages stagnate as Americans work more hours. Wells Fargo Private Bank regional chief investment officer Darrell Cronk tells TheStreet's Joe Deaux that he expected better wages, but finds more hours worked to be a positive for the U.S. economy. While government jobs fell, an uptick in construction and small change in financial services employment suggests the labor market was improving quicker than expected following cold weather; a good sign for April.

More from Video

Video: Jim Cramer on Trade Tariffs, Rising Rates, Kimberly Clark and Hasbro

Video: Jim Cramer on Trade Tariffs, Rising Rates, Kimberly Clark and Hasbro

Video: Stop Using Student Loan Money to Buy Bitcoin

Video: Stop Using Student Loan Money to Buy Bitcoin

Let the Najarian Brothers Crash-Proof Portfolio

Let the Najarian Brothers Crash-Proof Portfolio

Learn Options Trading from the Najarian Brothers, the Best in the Business

Learn Options Trading from the Najarian Brothers, the Best in the Business

Jim Cramer: Kimberly Clark's Quarter Was Better Than Procter & Gamble's

Jim Cramer: Kimberly Clark's Quarter Was Better Than Procter & Gamble's