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

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Will Tesla CEO Elon Musk Really Pulverize the Haters?

Will Tesla CEO Elon Musk Really Pulverize the Haters?

Jim Cramer's Investing Rule #4: Buy Damaged Stocks, Not Damaged Companies

Jim Cramer's Investing Rule #4: Buy Damaged Stocks, Not Damaged Companies

Jim Cramer's Investing Rule #3: Don't Buy Stocks All at Once

Jim Cramer's Investing Rule #3: Don't Buy Stocks All at Once