MultiVu Digital Center Feed: Take-Off of 'Self-Sustaining' Recovery Stalled on the Launch Pad as November Labor Data Disappoints, Says PNC Chief Economist

DATELINE/CITY:  Dec. 3, 2010, PITTSBURGH

SUMMARY:   PNC Chief Economist Stuart Hoffman, Ph.D., provides expert insight on the latest unemployment data and the implications for both economic recovery and holiday sales.  Despite a disappointing November Jobs Report, Hoffman reinforces his forecast of a sustained "half-speed" economic expansion versus a "double dip" recession through original videotape made available by PNC.

MULTIMEDIA RESOURCES:  Available at http://pnc.thedigitalcenter.com/

VIDEO PROVIDED BY:  PNC Financial Services Group, Inc.

FOR TECHNICAL INFORMATION OR HARD COPY, PLEASE E-MAIL: digitalcenter@multivu.com

Media Contact: Amy Vargo, +1-412-762-1535, amy.vargo@pnc.com

/PRNewswire -- Dec. 3/

SOURCE PNC Financial Services Group, Inc.