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When you consider the depth of our service offering, the expertise we have built during our 58-year history and the experience gained through our vast international network, Manpower companies have unparalleled insight into the labor market. We understand what's now and what's next in the changing world of work and use this knowledge to help our clients and candidates win.

We are experiencing growing pains in the U.S. as we shift from a skills-based economy to a knowledge-based economy. Note that the top five jobs that are hardest to fill all require advanced training and skills.

Manpower has been an innovator in the world of work since its inception, introducing the concept of temporary staffing in the U.S. then exporting it globally. Because our business is about meeting and anticipating the needs of employers and job candidates, our service offering has greatly evolved to meet the challenges of today's contemporary world of work. The new brand aligns the company we are today with the image we project in the marketplace and our future aspirations.

U.S. employers are continuing their healthy hiring pace.

We may have moved away from the boom-and-bust tendencies of the past where either it's all gloom and things go down very rapidly or it's all we're booming and things are moving up very fast.

That is really the only sector in this employment outlook where you can see a softening that is carried through a quarter as well as on a year-over-year basis.

The West has been coming through with a strong and healthy hiring outlook now for the past 9 quarters, especially in these past two quarters. They've done very well. The Northeast and Midwest have lagged the level of optimism, but we're still talking about positive territory.

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