1. Manpower Employment Outlook
Survey – Q1 2015
09 December 2014

2. Manpower Employment Outlook Survey – Q1 2015
MEOS Q1 2015 Summary
 The national net employment outlook is up one point to +7%, from +6% last
quarter – an increase in optimism after a surprise dip last quarter.
 The outlook for the country’s big businesses rose to +21%, its highest level
since 2005, when Manpower began recording outlook by organisation size.
 Finance and business services fell to its weakest level since 2012. The
sector dropped to +9, the first time in two years optimism has dipped below
double figures.
 The Utilities sector surged four points to+16% and the top of the sector table
– its highest level in more than two years.
 Construction rose nine points to +9, making Q1, 2015 its most upbeat for 30
quarters.
ManpowerGroup | 09 December 2014 2

3. Manpower Employment Outlook Survey – Q1 2015
MEOS: Since Q1 2008
6
5
-1
-3
-6
-5
-1
1 1 1 1
2 2
3
1
0
2 2
3
6 6
5
6
5
7
8
2008 2009 2010 2011 2012 2013 2 0 14
9
6
7
ManpowerGroup | 09 December 2014 3
10
8
6
4
2
0
-2
-4
-6
-8
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
2015
The outlook remains firmly optimistic

4. Manpower Employment Outlook Survey – Q1 2015
Size of company breakdown
 Companies of all sizes have positive hiring intentions.
 Large businesses up 4 points, to highest level in a decade.
 Micro businesses have strongest Outlook since mid 2008.
QoQ change
National Q1 '15 Q4 '14 +1
17
16
8
8
3
6
21
12
5
7
Micro
Small
Medium
Large
+2
n/c
-4
+4
ManpowerGroup | 09 December 2014 4

5. Manpower Employment Outlook Survey – Q1 2015
Industry sector breakdown
2
5
5
8
8
7
7
4
0
10
12
6
3
4
6
6
9
9
9
16
Q1 '15
Q4 '14
QoQ change
+1
+4
-1
+9
+5
-1
-2
-3
-1
+1
National
Utilities
Finance & Business Services
Construction
Agriculture
Transport, Storage and Comms
Manufacturing
Mining and Quarrying
Retail and Hotels
Public and Social
ManpowerGroup | 09 December 2014 5

6. Manpower Employment Outlook Survey – Q1 2015
Public/private sector breakdown*
 Private sector hiring intentions fell marginally to +5.
 Public sector intentions returned to positive territory (+2), a rise of 7 points.
 The Outlook for not-for-profits is unchanged on +2.
3
-5
7
7
6
5
0
4
Q1 '15
Q4 '14
QoQ change
+1
-2
+7
n/c
*Data not seasonally adjusted
National
Private
Public
Not for Profit
ManpowerGroup | 09 December 2014 6

7. Manpower Employment Outlook Survey – Q1 2015
Regions and nations breakdown
2
2
2
10
3
1
6
6
6
4
8
7
7
7
12
12
13
13
-4
5
Yorkshire & Humberside
-4
4
7
7
15
16
Q1 '15
Q4 '14
QoQ change
National
North East
South West
East Midlands
West Midlands
South East
London
East
North West
Wales
Scotland
Northern Ireland
+1
+11
+19
n/c
n/c
n/c
-1
+3
n/c
+3
-1
-8
-6
ManpowerGroup | 09 December 2014 7

8. Manpower Employment Outlook Survey – Q1 2015
UK employment intention heat map: Q1 2015
+2
+16
-4
+6
+2
+4
+12
+13
+15 +9
+7
+13
+7
ManpowerGroup | 09 December 2014 8