Released on: October 20, 2008, 9:01 am

Press Release Author: SADIF-Investment Analytics SA

Industry: Financial

Press Release Summary: SADIF-Investment Analytics SA has applied its StockMarks(tm)
stock-rating system to Manpower Inc and produced a research report, rating the
company's attractiveness to long-term investors.


Press Release Body: Mira, Portugal - October 20, 2008 - SADIF Investment Analytics
SA, today announced the release of a new equity research report covering Manpower
Inc (MAN). The report utilizes SADIF's powerful StockMarks(tm) stock rating system and
is required reading for any current or potential Manpower Inc investor.

Report Summary: US recruiter Manpower Inc reports third quarter earnings on 21st
October. With companies scaling back hiring, investors will be keen to learn how
Manpower is handling the current crisis. The layoffs and increasing unemployment
rate have increased the quality of candidates available for employment through
Manpower, but with fewer jobs available the company is unable to capitalize on this.
In the company's second quarter earnings announcement, CEO Jeffery A. Joerres stated
that Manpower's record revenues were driven by the company's European operations.
International operations make up the bulk of the company's revenues. However, the
global credit crisis has since taken a huge toll on European economies and whether
Manpower is able to continue this growth remains to be seen. Surveys by Manpower
have indicated that companies are continuing to scale back hiring and they expect
seasonal hiring in the fourth quarter to be at the lowest levels since 1991. On the
other hand, other Manpower studies cited in the Wall Street Journal indicate that
there is strong demand for experienced professionals in information technology and
growing sectors such as oil and gas exploration, health care and government.
Nevertheless, the decline in available financial jobs is likely to be the focus of
the company's earnings while construction jobs continue to decline due to the poor
real estate market. Given the uncertain economic environment, we should return to
Manpower's long-term underlying fundamentals in order to decide whether the
company's shares are undervalued in the market. We can assess the company's
long-term outlook through the use of the StockMarks framework. Manpower currently
has an overall long-term outlook rating of 57, placing slightly above the average of
US-listed companies. This rating ranks Manpower sixth when compared to ten of its
closest US peers, selected on the basis of both similarity of business and market
positioning factors such as size.

The complete report breaks down the Total StockMark into its three components -
Business, Management and Price, performing a thorough analysis of Manpower Inc for
long-term investors.

A summary of the StockMarks(tm) ratings for Manpower Inc is available here:
http://sadifanalytics.com/stockmarks/company.php?ticker=MAN&cod_country=125

The report has been distributed to Reuters, and forwarded to Yahoo Finance and
FT.com. It is available under 'Analyst Reports' from these websites or directly from
SADIF-Investment Analytics SA at
http://sadifanalytics.com/stockmarks/article/hist_article.php?cod_article=160&cod_country=125


About SADIF-Investment Analytics SA
SADIF-Investment Analytics SA is an independent investment research company covering
sixteen different markets and over 12,000 companies. Our StockMarks(tm) system is based
on proven investment principles and is designed to drive long-term shareholder
returns.


Web Site: http://www.sadifanalytics.com

Contact Details: Company: SADIF-Investment Analytics SA
Address: AIBAP,
Rua do Matadouro,
3070-436 Mira, Portugal
Phone Number: (+351) 231849038
Website: www.sadifanalytics.com