This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Stay Focused On Long-Term Workforce Planning, ManpowerGroup Advises U.S. Employers, Even As Demand Picks Up

MILWAUKEE, March 9, 2012 /PRNewswire/ -- ManpowerGroup (NYSE: MAN), the world leader in innovative workforce solutions, reminds employers that as demand increases, stay focused on planning both short- and long-term workforce models, as the U.S. Bureau of Labor Statistics today reported that the overall February jobless rate remained at 8.3 percent, and that the private sector added 233,000 new jobs last month.   


Job growth was most evident in professional and business services, health care, and leisure and hospitality industries. Professional and business services added 82,000 jobs – and temporary jobs represented half that figure.

"As the need to hire picks up across industries, employers need to consider the range of variables that will affect their long-term workforce needs," said Jeffrey A. Joerres, ManpowerGroup Chairman and CEO. "A flexible workforce model versus a traditional model based mainly on fulltime workers is the way to accommodate fluctuating demand. Last month's boost in temporary jobs shows that the need to build out flexible work models is resonating with employers. To stay competitive in today's economy, employers must be able to tap the right skilled talent in real time, in order to respond to fluctuating demand for their products and services."

Multi-industry job growth also helps boost the morale of job seekers.

"Workers and employers should be encouraged by the breadth of domestic job growth we're seeing, coast to coast as well as across industries," said Jonas Prising, ManpowerGroup President of the Americas. "Developing and refining skills must continue to be a top priority for all workers as we continue to see hiring trends fluctuate."

ManpowerGroup's 2011 Talent Shortage Survey found that 52 percent of U.S. companies are struggling to fill key jobs, the highest percentage in the six-year history of the survey. ManpowerGroup advises companies to think long-term because the talent mismatch will inevitably worsen as demand for products and services increase.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 16,776.43 +304.06 1.85%
S&P 500 1,987.05 +35.69 1.83%
NASDAQ 4,781.2640 +73.4890 1.56%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs