manpower employment outlook survey: united states - q3, 2004

8/9/2019 Manpower Employment Outlook Survey: United States - Q3, 2004

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3rd Quarter 2004

Manpower Employment Outlook SurveyUnited States


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Manpower Employment Outlook Survey USA

The United States Employment Outlook

Contents

United States Employment Outlook 2

The Americas Employment Outlook 14

Global Employment Outlook 16

About the Survey 18

About Manpower 19

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Net Employment Outlook Seasonally Adjusted

89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04

Increase Decrease No Change Dont KnowNet Employment

Outlook

Seasonally

Adjusted

% % % % % %

3rd Quarter 2003 20 9 65 6 11 7

4th Quarter 2003 22 11 62 5 11 10

1st Quarter 2004 20 13 61 6 7 14

2nd Quarter 2004 28 6 62 4 22 20

3rd Quarter 2004 30 6 59 5 24 20

The results of the Manpower Employment Outlook Survey in the United States include Puerto Rico.

Employment Outlook is 24%. Fifty-nine percent of

employers surveyed foresee no change in job prospects,

and 5% are unsure of their hiring expectations.

Without seasonal adjustments to the data, the third

quarter forecast is slightly more positive than the

April June period. With seasonal variations removed

from the survey results, the employment outlook for the

coming quarter is identical to the second quarter and

represents one of the largest year-over-year increases

in the surveys history.

Nearly 16,000 interviews have been conducted with

employers across the United States to measure

anticipated employment trends between July and

September 2004. All participants were asked, How

do you anticipate total employment at your location to

change in the three months to the end of September

2004 as compared to the current quarter?

Of the U.S. employers that were surveyed, 30% expect

to add to their payrolls in the third quarter, while 6%

predict a decline in staff levels. Thus, the Net


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Net Employment

Outlook

Seasonally

AdjustedIncrease Decrease No Change Dont Know

% % % %%%

Construction 39 4 52 355 21

Education 24 12 60 12 164

Finance, Insurance & Real Estate 24 4 67 5 20 19

Manufacturing Durables 32 8 55 5 24 21

Manufacturing Non-Durables 30 6 59 5 2124

Mining 32 6 61 1 2126

Public Administration 20 8 66 12 86

Services 30 5 60 5 25 22

Transportation & Public Utilities 24 5 65 6 19 18

Wholesale & Retail Trade 34 5 56 5 29 22

At the overall national level, the margin of error on the data is +/ 0.8%.

Net Employment SeasonallyIncrease Decrease No Change Dont Know

Outlook Adjusted

% % % %

Midwest

Northeast 29 6 58 7 23 18

29 5 61 5 24 22

30 6 61 3 24 18

South

West 33 6 55 6 27 23

% %

On a seasonally adjusted basis, employers in seven of the

10 industry sectors surveyed intend to increase hiring

activity from the second quarter. Education is the sector in

which job prospects are expected to improve the greatest,

compared with the April June outlook.

Wholesale/Retail Trade, Services and Public Administration

employers plan to hire at a pace similar to the second

quarter, while those in the Construction sector voice weaker

hiring intentions. Although Construction employers are not

as optimistic as they were in the second quarter, it is

important to note that they still foresee a strong hiring pace

for the July September period.

Across all 10 industry sectors, job prospects for the third

quarter are significantly stronger than they were last year

at this time.

Job prospects in three of the four regions, the Northeast,

Midwest and South, are similar to those reported in

the second quarter, according to the seasonally

adjusted survey results. Employers in the West are

slightly more optimistic in their hiring outlook than they

were from April to June. Hiring activity within each of the

regions is expected to be considerably stronger than it

was a year ago.

Employers in the West are the most optimistic in

their hiring forecast, compared with other regions.

The employment outlook in the Northeast and Midwest

is identical and the weakest of the regions.


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Regional Comparisons

Midwest

Net Employment

Outlook

Seasonally


%%%%% %

All Industries 30 6 61 3 24 18

Construction 45 5 48 2 40 20

Education 1521 62 2 6 9



Manufacturing Non-Durables 31 6 60 3 25 21

Mining 29 0 71 0 1729

Public Administration 19 10 66 5 9 3

Services 28 4 65 3 24 19

Transportation & Public Utilities 27 665 2 22 20


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89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04

The Midwest Region is comprised of the following states: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota,

Ohio, South Dakota, Wisconsin.

Of the employers surveyed in the Midwest, 30% predict

an increase in employment opportunities, while 6% plan

a decrease in job prospects, resulting in a Net Employment

Outlook of 24%. The Midwest hiring forecast is identical

to that of the Northeast and is among the weakest of the

U.S. regions, according to the seasonally adjusted data.

Employer confidence in the Midwest is similar to second

quarter levels but dramatically up from a year ago.

The third quarter employment outlook for the Midwest is

significantly stronger than it was a year ago across each

of the 10 industry sectors, except Finance/Insurance/Real

Estate where the forecast is the same as it was last year

at this time.

Quarter over quarter, employers in the Midwest are

mixed in their hiring intentions. A mild decrease in hiring

activity over the second quarter is anticipated in four of

the 10 industry sectors, including Construction, Durable

Goods Manufacturing, Wholesale/Retail Trade and Public

Administration. Job prospects in Non-Durable Goods

Manufacturing and Services are flat, while those in

Finance/Insurance/Real Estate and Education are slightly

more positive. Employers in Transportation/Public Utilities

and Mining report the most improved hiring plans for the

third quarter.


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Net EmploymentOutlook

SeasonallyAdjusted

Increase Decrease No Change Dont Know

% % % % % %

All Industries 29 6 58 7 1823


Education 22 5 67 6 17 21



Manufacturing Non-Durables 29 7 22 17

Mining 0 25 -25 -13

Public Administration 21 13 8 5

Services 31 5 26 19

Transportation & Public Utilities 22 7

58

75

59

57

63

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0

7

7

8 15 14


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89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04

Northeast

The Northeast Region is comprised of the following states: Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York,

Pennsylvania, Rhode Island, Vermont.

In the Northeast, 29% of employers polled anticipate a

stronger hiring pace in the third quarter, while 6% plan to

decrease employment levels. This creates a Net

Employment Outlook of 23%. The Northeast job forecast

mirrors that of the Midwest and is among the weakest of

the U.S. regions, on a seasonally adjusted basis.

Employers in the Northeast expect to hire at a similar

pace as the second quarter. This pace is significantly

stronger than it was a year ago in every industry sector

but Mining where only a slight increase in hiring is

expected year over year.

Job seekers in the Northeast are likely to find a major

improvement in job prospects in the Education sector.

Three years have passed since Education employers

were so optimistic about their hiring plans. Job prospects

across the Manufacturing and Transportation/Public

Utilities sectors are slightly better than they were in the

second quarter, while hiring in the Finance/Insurance/Real

Estate, Services and Public Administration sectors is

expected to be flat. Wholesale/Retail Trade employers

are less optimistic about hiring than in the second

quarter, while those within the Construction sector report

much weaker hiring plans.


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South

Net Employment

Outlook

Seasonally


% % % % % %



Education 27 8 60 5 19 22




Mining 31 6 61 2 25 23

Public Administration 19 695 7 14 12

Services 31 5 60 4 26 25

Transportation & Public Utilities 20 685 7 15 15


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89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04

The South Region is comprised of the following states: Alabama, Arkansas, Delaware, District of Columbia, Florida, Georgia, Kentucky, Louisiana,

Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, West Virginia.

Twenty-nine percent of employers surveyed in the South

foresee an increase in employment, and 5% expect a

decline in their payrolls. The result is a Net Employment

Outlook of 24%. According to the seasonally adjusted

survey results, employment prospects in the South are

among the strongest in the nation, placing second to the

West by a very small margin. The job forecast is consistent

with projections from the second quarter and much more

promising than a year ago.

Employers in each of the 10 industries surveyed expressed

greater optimism about hiring than last year at this time.

Compared to the second quarter, Education employers

expressed the biggest jump in hiring intentions, indicating

a return to hiring activity not seen in four years. Stronger

job prospects are also expected this quarter in Mining,

Non-Durable Goods Manufacturing and Services. Hiring

intentions are similar to the second quarter in Construction,

Wholesale/Retail Trade and Finance/Insurance/Real

Estate. Employers in Durable Goods Manufacturing,

Public Administration and Transportation/Public Utilities

are slightly less optimistic than in the second quarter.


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West

Net Employment

Outlook

Seasonally


% % % % % %


Construction 38 7 52 3 31 18

Education 25 18 54 3 7 10




Mining 44 6 50 0 38 27

Public Administration 23 8 64 5 15 12

Services 33 5 55 7 28 24

Transportation & Public Utilities 30 4 59 7 26 23



89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04

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The West Region is comprised of the following states: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico,

Oregon, Utah, Washington, Wyoming.

Among employers surveyed in the West, 33% plan to

increase the hiring pace while 6% plan a decrease in

job activity, which equals a Net Employment Outlook of

27%. When seasonal variations are removed from the

data, the job outlook in the West is the strongest

among the four U.S. regions. Employers are slightly

more optimistic about hiring than in the second quarter

and markedly more confident than last year at this time.

Employers in eight out of the10 sectors surveyed plan

an increase in the hiring pace from the April June

period. The largest quarter-over-quarter hiring increases

are expected in the Mining, Durable Goods

Manufacturing and Public Administration sectors. In fact,

government employers havent been this optimistic

about hiring plans in more than two years. Employers in

the majority of industry sectors expect a slight increase

in hiring, including those in Non-Durable Goods

Manufacturing, Transportation/Public Utilities,

Wholesale/Retail Trade, Finance/Insurance/Real Estate

and Education. A decline in hiring intentions is

anticipated in the Services and Construction sectors,

while healthy job prospects are forecast across all

sectors compared with survey results from last year

at this time.


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Construction

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10152025303540


89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04

Employers in the Construction sector report promising

job prospects. Although the hiring pace is expected to

be slower than it was in the second quarter, job

seekers are likely to find solid employment opportunitiesagain this quarter. Hiring projections are noticeably

improved from a year ago.

When seasonal variations are removed from the data,

trends in regional hiring plans emerge. By a wide

margin, employers in the South are more optimistic

about their hiring plans than the other regions. Employersin the Northeast foresee the slowest hiring pace.

Education

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89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04

The third quarter employment outlook for the Education

sector marks a three-year high, according to seasonally

adjusted data. Employers anticipate moderately stronger

hiring over the second quarter and a vast improvement

over last year at this time when job losses were predicted.

Employers in the South expect to offer the most

promising job prospects, while those in the Midwest

report the weakest hiring intentions.


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Manufacturing Durable Goods

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89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04

Strong hiring intentions are apparent again this quarter

in Durable Goods Manufacturing. Employers expect a

slight increase in hiring over the second quarter and

considerably improved job prospects compared with

a year ago.

According to seasonally adjusted data, employers in

the West are most optimistic about hiring. Compared

with the other regions, employers in the Midwest are

least likely to take on staff.

Finance, Insurance & Real Estate

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10

15

20

25


89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04

For the fourth consecutive quarter, Finance/Insurance/

Real Estate employers expect a steady improvement in

the hiring pace, according to seasonally adjusted

survey results. Hiring plans are slightly more optimisticthan in the second quarter survey and stronger than

a year ago.

Regional hiring patterns are the same as those reported

in the second quarter. Job seekers in the West are likely

to find more employers hiring than those in other

regions. Employers in the Midwest are least likely toincrease staff levels.


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Mining

Employers in the Mining sector plan to hire at a strong

pace in the coming quarter, resulting in the most

optimistic employment outlook in three years for the

sector. On a seasonally adjusted basis, employers

expect a moderate increase in hiring over the second

quarter and a considerable jump compared with last

year at this time.

Hiring intentions in the Mining sector are strongest in

the West. For the second straight quarter, the least

promising outlook is in the Northeast, where job losses

are anticipated, although at a slower pace than in the

second quarter.

Manufacturing Non-Durable Goods

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89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04

For the third quarter, Non-Durable Goods Manufacturers

anticipate a steady hiring pace, according to seasonally

adjusted data. The employment outlook suggests a

slight increase in hiring activity over the second quarter,and a significant boost from a year ago.

Hiring expectations are consistent across the regions.

Employers in the South, West and Midwest plan to hire

at the same pace. Employers in the Northeast are least

optimistic about hiring.

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Net Employment Outlook Seasonally Adjusted89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04


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Public Administration

According to seasonally adjusted data, Public

Administration employers expect some hiring to take

place during the July September period. After more

than two years of ups and downs, hiring expectationsfor the coming quarter are stable with projections that

are identical to those reported in the second quarter

survey, but considerably better than a year ago.

Employers in the South and West expressed the most

confidence about hiring for the third quarter, while

employers in the Midwest are more reserved in their

staffing plans.

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89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04

Services

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Net Employment Outlook Seasonally Adjusted89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04

When seasonal variations are removed from the data,

the employment outlook for the services sector is

among the most positive across the 10 sectors

surveyed. Employers revealed hiring plans in line with

those issued in the second quarter and are much more

optimistic than a year ago at this time.

For the third quarter, employers in the South are most

likely to add staff, and those in the Midwest have the

weakest hiring intentions.


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Wholesale & Retail Trade

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-505

101520253035


89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04

Transportation & Public Utilities

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89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04

The seasonally adjusted data suggests that the

Transportation/Public Utilities sector is headed for

another quarter of healthy hiring. Compared to the

second quarter, a similar number of employers intend to

take on more staff, while job prospects are significantly

better than last year at this time.

Job seekers in the West are likely to have the best job

prospects, while those in the Northeast are expected to

face the most challenging job search.

The third quarter employment outlook indicates strong

hiring plans among Wholesale/Retail Trade employers.

According to seasonally adjusted data, the hiring pace

is expected to be similar to the second quarter and

substantially better than a year ago.The Wholesale/Retail

Trade outlook is one of the strongest among the

industries surveyed.

Wholesale/Retail Trade employers in the West are most

optimistic about hiring, while those in the Northeast

report the most conservative plans.


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The Americas Employment OutlookOver 21,000 interviews have been conducted across the United States, Canada and Mexico to measure anticipated

employment trends between July and September 2004.

International Comparisons

Comparing the data over time, we can see the strong

seasonal hiring variations that occur in Canadas

employment hiring levels due to changes in climate.

The third quarter sees the positive hiring trend in

Canada continue to improve as the climate remains

mild. There are less dramatic seasonal shifts when

comparing the United States and Mexico: a continued

alignment in the two countries historical employment

forecasts is evident.

1. Number in parentheses is Net Employment Outlook when adjusted to remove the impact of seasonal variations in hiring activity

for the United States.

Increase Decrease No Change Dont Know Net Employment Outlook

% % % % %

Canada 31 6 60 3 25

Mexico 26 12 61 1 14

United States 30 6 59 5 24 (20)1

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3035

United States (Seasonally Adjusted)MexicoCanada

Q42002

Q32004

Q12003

Q22003

Q32003

Q42003

Q12004

Q22004

The three nations in the Americas are currently moving

in unison. Overall, the job outlook is positive and in the

case of Canada and the United States, a slight

improvement over last quarter. Canada posted the

regions strongest Net Employment Outlook for the

second consecutive quarter. Employers in the United

States are reporting slightly more positive hiring

intentions for the three months ahead. Employment

prospects in Mexico are expected to be stable.


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Sector Comparisons

In Mexico, employers in the Industry sector have

predicted a slight quarter-over-quarter fall in job

prospects. Mexican employers and American

employers in the Services sector are anticipating anincrease in prospects of three percentage points

compared to last quarter.

2. Industry comprises Mining, Manufacturing, Public Utilities and Construction. Services comprises Wholesale/Retail Trade/Restaurants/Hotels,

Transport Storage and Communication, Finance, Insurance, Real Estate and Business Services, and Public Administration.

Canada

%

26

Net Employment Outlook

Industry Services

%

23

Q2 2004

%

25

Q2 2004

%

23

United States 2424 2126

Mexico 1418 1116

Q3 2004 Q3 2004

Within this section, we outline variation in the Net

Employment Outlook across two broad categories:

Industry and Services. Positive hiring intentions are

expected across the region in both the Industry andServices categories. Canadian and American employers

in both sectors intend to increase or maintain

employment levels over the next three months.


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Global Employment OutlookOver 35,000 employers have been interviewed across 19 countries and territories to measure anticipated

employment trends between July and September 2004.

Net Employment Outlook Qtr on Qtr Change

Americas Q2 to Q3 2004

Canada 1

Mexico 0

United States

Q2 2004

%

24

14

22 (20)1

Q3 2004

%

25

14

24 (20)1 2


Asia Pacific

Australia 1

Hong Kong 7

Japan -11New Zealand

Q3 2004

%

17

23

930 -9

Singapore 198 11

Qtr on Qtr Change

Q2 to Q3 2004

%

18

16

2039

Q2 2004

Net Employment Outlook Qtr on Qtr Change

Europe Q2 to Q3 2004

Austria -9

Belgium 2

France 0

Germany 0

Ireland 9

Netherlands 2

Norway 3

Spain 5

Sweden -1

UK -2

Italy

Q2 2004

%

11

9

4

-4

9

4

7

9

17

16 (13)1

5

Q3 2004

%

2

11

4

-4

18

6

10

14

16

14 (12)1

5 0

1. Number in parentheses is Net Employment Outlook when adjusted to remove the impact of seasonal variations in hiring activity for the UK

and United States.

Regional and International ComparisonsWhen seasonal variations are removed from the United

States and UK data, the UK results are positive

although slightly down on the forecast from the

previous quarter. Job prospects in the United States

continue to be positive and are indicative of stable

hiring patterns to come.

Employers in 16 of 19 countries expect more hiring

compared to last year at this time. Job prospects are

anticipated to be strongest in New Zealand, Canada,

the United States and Hong Kong for the quarter

ahead. Only German employers reported a negative

outlook, which remains unchanged from hiring levels

reported in the second-quarter survey.


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Sector Comparisons

2. Industry comprises Mining, Manufacturing, Public Utilities and Construction. Services comprises Wholesale/Retail Trade/Restaurants/Hotels,

Transport, Storage & Communication, Finance, Insurance, Real Estate & Business Services, and Public Administration.

Canada

%

26


Industry Services

Americas

%

23

Q2 2004

%

25

Q2 2004

%

23

United States 2424 2126

Mexico 1418 1116

Q3 2004 Q3 2004

%%

Japan 20 11


Industry Services

Asia Pacific

%

21

Q2 2004 Q2 2004

%

Australia 18 1719 16

Hong Kong 17 2813 13

6

New Zealand 40 3237 27

Singapore 9 225 9

Q3 2004 Q3 2004

%%

Ireland 817 2112

Italy 63 74


Industry Services

Europe

%

Q2 2004 Q2 2004

%

France 2 4 54

Germany -3 -3-6 -4

Austria 2617 1

Belgium 9 119 9

Norway 910 102

Netherlands 68 62

UK 1614 1312

Sweden 1822 1517

Spain 9 199 5

Q3 2004 Q3 2004

Similarly, in the Industry category, job prospects are

expected to be positive in all countries with only

Germany reporting a negative Net Employment Outlook.

Strongest prospects for Industry are anticipated forthe second consecutive quarter in New Zealand, the

United States and Canada. Notably, Industry employers

in Sweden are also anticipating one of the most

optimistic forecasts for the third quarter.

Within this section, we outline variation in the Net

Employment Outlook across two broad categories:

Industry and Services. All of the countries surveyed,

except Germany, are predicting positive hiring activityin both categories. Employers in the Services category

in New Zealand, Hong Kong, Canada, the United

States, Singapore and Ireland are most optimistic,

while employers in Germany, Austria, France and the

Netherlands are less positive.


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About the SurveyThe Manpower Employment Outlook Survey is conducted

quarterly to measure employers intentions to increase or

decrease the number of employees in their workforce during

the next quarter. The survey has been running for more than 40

years and is one of the most trusted surveys of employmentactivity in the world. Various factors underpin the success of

the Manpower Employment Outlook Survey:

Unique: It is unparalleled in its size, scope, longevity and area

of focus.

Projective: The Manpower Employment Outlook Survey is the

only forward-looking survey, asking employers to forecast

employment over the next quarter. In contrast, other surveys

and studies focus on retrospective data to report on what

occurred in the past.

Focused: For more than four decades, the survey has derived

all of its information from a single question.

Independent:The survey is conducted with a representative

sample of employers from throughout the countries in which it

is conducted. The survey participants are not derived from

Manpowers customer base.

Robust:The survey is based on interviews with more than

35,000 public and private employers across 19 national

economies to measure anticipated employment trends each

quarter. This sample allows for analysis to be performed across

specific sectors and regions to provide more detailed information.

Methodology

The Manpower Employment Outlook Survey is conducted using

a validated methodology, in accordance with the higheststandards in market research. The research team for the 19

countries and territories where the survey is currently conducted

includes Manpowers Market Intelligence team; the Research &

Diagnostics Division of The Empower Group an independent

operating division of Manpower Inc.; NOP World and Grupo

IDM. The survey has been structured to be representative of

each national economy. The margin of error for all national,

regional and global data is not greater than +/- 4.2%.

In the United States, the national survey is conducted by

Manpowers North American Market Intelligence Team and

includes 16,000 employers. With this number of interviews, the

margin of error for the United States survey is +/- 0.8%.

Survey Question

All employers participating in the survey worldwide are asked

the same question, How do you anticipate total employment

at your location to change in the three months to the end of

September 2004 as compared to the current quarter?

Net Employment OutlookThroughout this report, we use the term Net Employment

Outlook. This figure is derived by taking the percentage of

employers anticipating an increase in hiring activity and

subtracting from this the percentage of employers that expect to

see a decrease in employment at their location in the next quarter.

The result of this calculation is the Net Employment Outlook.

Seasonal Adjustment

Seasonal adjustments have been applied to the data for the

United States and United Kingdom to provide additional insight

into the survey data. These adjustments make it possible to

review the data without the employment fluctuations thatnormally occur at the same time each year, thus providing a

clearer picture of the data over time. Manpower intends to add

seasonal adjustments to the data for other countries in the

future, as more historical data is compiled.

Sectors

The industry sectors that are reported for each country in this

report are representative of the local economy. In some areas

of the report, we have reported the data in two broad sector

categories: Industry and Services. These categories are

consistent with standards of other respected international data

sources. The Industry category includes sectors such as:

construction, manufacturing, mining and public utilities. The

Services category includes wholesale and retail trade;

restaurants and hotels; transportation and storage;

communication; finance; insurance; real estate; other business

services and public administration.


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History of the Survey

1962 1st generation of the Manpower Employment Outlook

Survey launched in the United States and Canada.

1966 Manpowers UK operation launches the equivalent of

the United States survey, naming the report the

Quarterly Survey of Employment Prospects. The survey

adopts the same forward-looking research format as the

United States survey and is the first of its kind in

Europe.

1976 2nd generation of Manpowers Employment Outlook

Survey launched in the United States and Canada.

Research methodology is updated to evolve with

advancements in the field of market research.

2002 Manpower UKs Quarterly Survey of Employment

Prospects is updated to adopt an enhanced research

methodology. Manpowers operations in Mexico and

Ireland launch the survey in their respective countries.

2003 3rd generation of the Manpower Employment Outlook

Survey is launched, expanding the program to a total18 countries worldwide: Australia, Austria, Belgium,

Canada, France, Germany, Hong Kong, Ireland, Italy,

Japan, Mexico, Netherlands, Norway, Singapore, Spain,

Sweden, United Kingdom and United States.

2004 Manpower operations in New Zealand launch the

Manpower Employment Outlook Survey.

About Manpower Inc.Manpower Inc. (NYSE: MAN) is a world leader in the

employment services industry, offering customers a continuum of

services to meet their needs throughout the employment and

business cycle. The company specializes in permanent,

temporary and contract recruitment; employee assessment;training; career transition and organizational consulting services.

Manpowers worldwide network of 4,300 offices in 67 countries

and territories enables the company to meet the needs of its

400,000 customers per year, including small and medium size

enterprises in all industry sectors, as well as the worlds largest

multinational corporations. The focus of Manpowers work is on

raising productivity through improved quality, efficiency and cost-

reduction, enabling customers to concentrate on their core

business activities. In addition to the Manpower brand, the

company operates under the brand names of Right

Management Consultants, Jefferson Wells, Elan, Brook Street

and Empower. More information on Manpower Inc. is available at

www.manpower.com.

In the United States, Manpower offers businesses a range of

HR services, in addition to providing administrative, industrial

and contact center personnel. Under the Manpower

Professional brand, the company places contract professionals

on assignment in areas such as information technology,

scientific, finance, engineering and telecommunications. More

information about Manpowers US operation can be found at

www.us.manpower.com.


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Manpower Inc., 5301 N. Ironwood Rd., Milwaukee, WI 5321

Tel: 414 961 1000

www.us.manpower.com

2004 M I All i ht d

manpower employment outlook survey: united states - q3, 2004

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