PNC's Hoffman on U.S. Economy, Labor Market

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Jan. 5 (Bloomberg) -- Stuart Hoffman, chief economist at PNC Financial Services Group Inc., talks about the outlook for the U.S. economy and labor market. Applications for U.S. jobless benefits decreased 15,000 in the week ended Dec. 31 to 372,000, Labor Department figures showed today. Hoffman speaks with Lisa Murphy on Bloomberg Television's "Street Smart." (Source: Bloomberg)

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