ManpowerGroup's Inaugural Global Talent Barometer Singapore Report: 41% Think of Changing Jobs, with 3 In 4 Confident of Securing New Roles​​SINGAPORE (12 NOVEMBER 2024) – ManpowerGroup today released its Global Talent Barometer, a robust new tool offering unparalleled insights into workforce sentiment across 16 countries.​The overall Global Talent Barometer score in Singapore of 66% was derived from three key indices: Well-Being (63%), Job Satisfaction (64%), and Confidence (73%). The report, which gathered data from 530 workers in Singapore between April 15 and May 10, 2024, reveals a complex landscape of employee well-being, job satisfaction, and confidence in the rapidly evolving world of work.​In Singapore, the workforce exhibits a unique duality, showing one of the highest likelihoods of changing jobs in the next six months (41% low job satisfaction) while simultaneously expressing the strongest confidence in their current skills to secure new roles (72%). ​“This dual nature presents a unique challenge and opportunity for businesses underscores the need for employers to foster positive work environments and continuous learning opportunities to retain top talent,” comments Ms. Linda Teo, Country Manager of ManpowerGroup Singapore. “By understanding and addressing the root causes of dissatisfaction and bridging the gap, organizations can both retain top talent and attract new talent to drive innovation in an increasingly competitive market.”`​​KEY SINGAPORE FINDINGS​Well-BeingNearly half (48%) of all employees grapple with daily stress, highlighting a critical well-being challenge for employers. People experiencing less daily stress are twice as likely to remain in their current roles, emphasizing the importance of stress management in talent retention strategies. Employees feel a sense of meaning and purpose in their work (75%), yet there’s room for improvement in company culture alignment, with 69% of employees feeling connected to their company’s vision and values. Job SatisfactionA significant retention risk looms, with 41% of all workers – and a staggering 53% of young professionals – considering a job change within six months, despite 64% expressing job satisfaction.While 69% trust their manager has their best interests in mind for career development, only 52% report they are unlikely to voluntarily leave in the next six months, indicating a potential disconnect between employees and leadership. Despite reporting higher well-being and work-life balance, 43% of hybrid workers are considering job changes, challenging conventional wisdom about flexible work arrangements. ConfidencePeople feel capable in their roles, with 73% expressing confidence in their skills. However, almost a quarter (21%) see a ceiling in their current workplace, citing insufficient opportunities for career goal achievement. This ceiling is most prominent among white collar workers, with 32% reporting a lack of opportunity within their organizations. Though 67% believe their organization offers chances to gain new skills, less than half say they’ve received skills training (44%) and mentoring (41%) in the past six months. One in four Gen X workers (26%) feel they lack opportunities to reach their career goals at their current organization. “Today’s employees seek more than just a stable paycheck; they yearn for meaningful work, personal growth, and a supportive work environment where they can contribute their talents,” Ms. Teo says. “Today’s workforce demands more. They want balance, growth, and a more human workplace. It’s up to us to listen and respond.”​​GLOBAL HIGHLIGHTSMexico stands out with 89% of workers finding high levels of meaning and purpose in their work, while The Netherlands leads in overall workforce well-being at 73%. Nordic countries Norway and Sweden demonstrate strong job security, with 80% and 71% of workers respectively feeling secure in their positions for the next six months. However, these nations also face challenges, with fewer perceived opportunities for development and promotion (48% in Norway and 53% in Sweden), and lower trust in managers (57% in Norway and 57% in Sweden). France records one of the lowest Well-Being Index scores at 61%, suggesting significant challenges in work-life balance and job satisfaction. The United States displays robust overall sentiment, achieving a Confidence Index of 79%, with 73% of workers feeling secure in their jobs over the next six months. The Global Talent Barometer introduces new metrics, including the Well-Being Index, Job Satisfaction Index, and Confidence Index, providing a holistic view of workforce sentiment globally. These innovative indices offer employers unprecedented tools to measure and understand employee sentiment, enabling more effective strategies for talent management and workplace improvement. ​To view the complete results of the 2024 Barometer, visit: https://www.manpowergroup.com.sg/global-talent-barometer-singapore​​ABOUT THE GLOBAL TALENT BAROMETERThe ManpowerGroup Global Talent Barometer measures worker well-being, job satisfaction, and confidence. around the world. The Talent Barometer leverages independent survey best-practices and statistically significant samples to create a powerful tool to better understand what workers want globally. The research aims to improve the future of work through deeper understanding of key drivers of workforce sentiment today.​METHODOLOGYSurvey responses were collected from 12,062 workers across 16 countries from April 15 to May 10, 2024. All the data is weighted to match the worker population in each country by gender, age and region, and all countries are weighted to be equal.​​COUNTRIES SURVEYEDAustralia, Canada, France, Germany, Italy, Japan, Mexico, The Netherlands, Norway, Poland, Singapore, Spain, Sweden, Switzerland, the United Kingdom, and the United States of America.​​FORWARD-LOOKING STATEMENTSThis press release contains forward-looking statements, including statements regarding labor demand in certain regions, countries and industries, as well as economic uncertainty. Actual events or results may differ materially from those contained in the forward-looking statements, due to risks, uncertainties and assumptions. These factors include those found in the Company's reports filed with the U.S. Securities and Exchange Commission (SEC), including the information under the heading “Risk Factors” in its Annual Report on Form 10-K for the year ended December 31, 2023, whose information is incorporated herein by reference. ManpowerGroup disclaims any obligation to update any forward-looking or other statements in this release, except as required by law. ​​ABOUT MANPOWERGROUP SINGAPOREEstablished in 1995 in Singapore, ManpowerGroup works with a range of manufacturing, resources, mining, transport and logistics, government, blue chip investment and retail banks, IT vendors and outsourcers, telecoms service providers and infrastructure, utilities and engineering services companies. In Singapore, the ManpowerGroup suite of solutions is offered through Manpower®, and Talent Solutions. More information on ManpowerGroup Singapore is available at: www.manpowergroup.com.sg​​ABOUT MANPOWERGROUPManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, and Talent Solutions – creates substantially more value for candidates and clients across more than 75 countries and territories and has done so for more than 75 years. We are recognized consistently for our diversity – as a best place to work for Women, Inclusion, Equality, and Disability, and in 2024 ManpowerGroup was named one of the World's Most Ethical Companies for the 15th time – all confirming our position as the brand of choice for in-demand talent.​

​Employers Gain Confidence in Q4 2024, with Businesses in Financials and Real Estate Leading the Way: Latest ManpowerGroup Employment Outlook Survey​Singapore’s Net Employment Outlook (NEO) for Q4 2024 is +29%, improving 9% from Q3 2024, but weakening 7% year-over-year.Across the sectors, the Financials and Real Estate industry report the strongest outlook of +64%, the strongest hiring sentiment in Singapore and globally.More than 7 in 10 Singapore employers believe they hold the power in negotiations. 92% of organizations in Singapore do not have the talent they need to meet their Environment, Social, and Governance (ESG) goals.Nearly half (47%) of companies in Singapore have formal LGBTQIA+ inclusion strategies, and another 25% are developing them.SINGAPORE (10 SEPTEMBER 2024) – Hiring sentiments in Singapore gain momentum as employers gain confidence, reveals the latest ManpowerGroup Employment Outlook Survey.​​Out of the 525 employers in Singapore surveyed about their hiring plans for the October to December period, 46% plan to hire, 17% anticipate a decrease in their staffing levels, while 36% do not expect any change. The Net Employment Outlook (NEO) after seasonal adjustment is +29%, growing 9% from last quarter, but weakening 7% year-over-year. ​Used internationally as a bellwether of economic and labor market trends, the NEO is calculated by subtracting the percentage of employers who anticipate reductions in staffing levels from those who plan to hire.​Employers in eight of nine sectors expect to increase headcount, with the most competitive sector being Financials and Real Estate, with a NEO of +64%, rising 49% from last quarter and 18% since the fourth quarter of 2023.“The growing emphasis on quantum and artificial intelligence (AI) technologies within financial institutions is anticipated to fuel job creation in Singapore's Financials and Real Estate sector,” comments Ms. Linda Teo, Country Manager of ManpowerGroup Singapore. “Overall, the fourth quarter of 2024 signaled a gradual improvement in the labor market. That said, we are at a tipping point where the economy and job market could either move towards recovery or face a further slowdown. Given Singapore’s open economic landscape, it remains to be seen if hiring optimism will continue amid global uncertainties.”Hiring sentiments gain momentum as employers gain confidence in Q4 2024: Singapore’s NEO for Q4 is +29%, increasing 9% from Q3 2024, but down 7% year-over-year. While 8 out of 9 sectors report positive hiring outlooks, hiring sentiments are weaker in 3 sectors compared to Q3. Singapore’s Financials and Real Estate sector ranks first globally: The sector beats the global average NEO by 32 points, reporting an Outlook of +64%, an improvement of 49% from Q3 and 18% year-over-year. Besides employment outlooks, the report also shed light on Singapore employers’ sentiment on the Gen Z workforce, strategies for retention and diversity and inclusion, as well as the ESG skills gap.Balance of power still favors employers: More than 7 in 10 employers in Singapore believe they hold the power in negotiations. This includes matters regarding pay (75%), working location (78%), and flexible hours (68%).Singapore employers believe Gen Z employees feel stressed despite being supported in personal well-being: Even as 84% of employers believe Gen Z employees are supported in work-life balance and personal well-being, 69% perceive their Gen Z workforce as feeling stressed daily.Employers prioritize work-life balance as they focus on worker retention: As they focus on increasing worker retention, employers in Singapore are working to increase work-life balance (61%), train managers to better support workers (50%), and reduce worker stress (48%).Employers are implementing various measures to better support their LGBTQIA+ workforce: Top three measures include hiring to increase diverse representation (57%), implementing company-wide diversity education and training (56%), and implementing non-discrimination policies (53%).​"While employers may believe they hold the power in negotiations, as the competition for skilled talent intensifies, employers may need to rethink their negotiating tactics,” Ms. Teo says. “Employers who want to attract and retain skilled talent should be willing to demonstrate flexibility and a willingness to meet the needs of their employees so they can position themselves as employers of choice.” ​Employment Outlooks Across the Asia Pacific Hiring managers across the Asia Pacific countries anticipate the second strongest regional Outlook (27%), an increase from the previous quarter (+4%) but decreased when compared to the same time last year (-5%). India (37%), Singapore (29%), and China (27%) continue to report the strongest Outlooks in the region. The most cautious Outlooks were reported by employers in Hong Kong (8%). The strongest Outlook globally for the Financials & Real Estate (64%) industry vertical was reported by employers in Singapore. To view complete results for the fourth quarter 2024 ManpowerGroup Employment Outlook Survey, visit: www.manpowergroup.com.sg/meos. The next survey will be released in December and will report hiring intentions for the first quarter of 2025.​ABOUT THE SURVEY ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, and Talent Solutions – creates substantially more value for candidates and clients across more than 75 countries and territories and has done so for more than 75 years. We are recognized consistently for our diversity – as a best place to work for Women, Inclusion, Equality, and Disability, and in 2024 ManpowerGroup was named one of the World's Most Ethical Companies for the 15th time – all confirming our position as the brand of choice for in-demand talent.​SURVEY METHODOLOGYThe ManpowerGroup Employment Outlook Survey is the most comprehensive, forward-looking employment survey of its kind, used globally as a key economic indicator. The Net Employment Outlook is derived by taking the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of employers expecting a decrease in hiring activity.​FORWARD LOOKING STATEMENTSThis press release contains forward-looking statements, including statements regarding labor demand in certain regions, countries, industries, and economic uncertainty. Actual events or results may differ materially from those contained in the forward-looking statements due to risks, uncertainties and assumptions. These factors include those found in the Company's reports filed with the SEC, including the information under the heading "Risk Factors" in its Annual Report on Form 10-K for the year ended December 31, 2023, which information is incorporated herein by reference. ManpowerGroup disclaims any obligation to update any forward-looking or other statements in this release, except as required by law. ​​ABOUT MANPOWERGROUP SINGAPOREEstablished in 1995 in Singapore, ManpowerGroup works with a range of manufacturing, resources, mining, transport and logistics, government, blue chip investment and retail banks, IT vendors and outsourcers, telecoms service providers and infrastructure, utilities and engineering services companies. In Singapore, the ManpowerGroup suite of solutions is offered through Manpower®, and Talent Solutions. More information on ManpowerGroup Singapore is available at: www.manpowergroup.com.sg​​ABOUT MANPOWERGROUPManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, and Talent Solutions – creates substantially more value for candidates and clients across more than 75 countries and territories and has done so for more than 75 years. We are recognized consistently for our diversity – as a best place to work for Women, Inclusion, Equality, and Disability, and in 2024 ManpowerGroup was named one of the World's Most Ethical Companies for the 15th time – all confirming our position as the brand of choice for in-demand talent.

​SINGAPORE (11 JUNE 2024) – Hiring sentiments in Singapore soften for the third consecutive quarter, but most sectors are still expecting to increase headcount, reveals the latest ManpowerGroup Employment Outlook Survey. ​​Out of the 525 employers in Singapore surveyed about their hiring plans for the July to September period, 44% plan to hire, 24% anticipate a decrease in their staffing levels, while 32% do not expect any change. The Net Employment Outlook (NEO) after seasonal adjustment is +20%, weakening 4 percentage points from last quarter and 14 percentage points year-over-year. ​​Used internationally as a bellwether of economic and labor market trends, the NEO is calculated by subtracting the percentage of employers who anticipate reductions in staffing levels from those who plan to hire. Employers in eight of nine sectors expect to increase headcount, with the most competitive sector being Transport, Logistics & Automotive, with a NEO of +47%, rising by 22 percentage points from last quarter and 28 percentage points since the third quarter of 2023. Green initiatives driving domestic emission reduction are expected to boost job growth in Singapore's Transport, Logistics & Automotive sector,” comments Ms. Linda Teo, Country Manager of ManpowerGroup Singapore. “With investments flowing into the transition to electric vehicles (EV), companies are actively seeking skilled talent proficient in EV management and charging infrastructure navigation.” ​​Hiring Outlooks in Singapore dip for the third consecutive quarter: Singapore’s NEO for Q3 is +20%, weakening 4 percentage points from last quarter and 14 percentage points year-over-year. While 8 out of 9 sectors reported positive hiring outlooks, hiring sentiments are weaker in 6 sectors when compared to Q2. Hiring demand in Singapore to be led by the Transport, Logistics & Automotive sector: The sector reports a robust Outlook of +47%, improving by 22 percentage points from last quarter and 28 percentage points from this time last year. Notably, Singapore’s Transport, Logistics & Automotive’s Outlook ranks second globally, behind Ireland (+50%). Hiring dips in Financials & Real Estate sector: Hiring outlook declined 30 percentage points from the previous quarter, and 36 percentage points from the same time last year, resulting in a NEO of +15%. The weakest job market remains to be the Communication Services sector: Communication Services sector’s employers report a NEO of -33%, further weakening by 4 percentage points quarter-on-quarter and 64 percentage points year-over-year. Strong hiring demand in Asia Pacific region: Hiring managers across the region anticipate the second strongest regional Outlook (23%), a decline from both the previous quarter (-4%) and when compared year-over-year (-8%).   ​"The bulk of the dip in hiring sentiment can be attributed to companies making strategic moves to streamline their business and looking offshore to cut costs or fill the skills gap. As flexible working arrangements gain more traction in the country, more companies are likely to consider remote workers to fill the growing discrepancy between workers’ skills and the demands of available jobs,” says Ms. Teo. ​​Besides employment outlooks, the report also shed light on Singapore companies’ progress on the adoption of growing technologies such as Artificial Intelligence (AI), Generative AI and Machine Learning (ML), as well as engaging the next generation of workers. ​Majority of Singapore employers keeping up with tech advancements: More than half of Singapore employers say they have already adopted AI, including generative AI and ML. Another 1 in 5 expect to adopt AI in the next 12 months. Challenges of AI adoption: High cost of investment (42%), workers lacking the skills to use the technology effectively (36%), and concerns about privacy and regulations (35%), are key challenges cited by Singapore employers. Having better technology tools is the most effective way to engage the newer workforce: Employers report improving technology tools (78%) and an emphasis on wellbeing (78%) as the most effective ways to engage the newer generation and increase their productivity. ​“Adoption of growing technology is not only a business strategy, but also something HR needs to consider to keep today’s employees engaged,” Ms. Teo adds. “In light of today's talent shortage and rapid technological advancements, employers may find it beneficial to prioritize soft skills, particularly adaptability and learning agility, when making hiring decisions. Coupled with a focus on upskilling and reskilling initiatives, this approach can help bridge the skills gap and meet the evolving demands of the workforce.” ​​To view complete results for the ManpowerGroup Employment Outlook Survey, visit: www.manpowergroup.com.sg/meos. The next survey will be released in September and will report hiring intentions for the fourth quarter of 2024. ​​Read the Report​​ABOUT THE SURVEY ​The ManpowerGroup Employment Outlook Survey is the most comprehensive, forward-looking employment survey of its kind, used globally as a key economic indicator. The Net Employment Outlook is derived by taking the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of employers expecting a decrease in hiring activity. ​SURVEY METHODOLOGY ​The methodology used to collect NEO data has been digitized in 42 markets for the Q3 2024 report. Survey responses were collected from April 1-30, 2024. Both the questions asked, and the respondent profile remain unchanged. The size of the organization and sector are standardized across all countries and territories to allow international comparisons. ​​FORWARD LOOKING STATEMENTS ​This press release contains forward-looking statements, including statements regarding labor demand in certain regions, countries, industries, and economic uncertainty. Actual events or results may differ materially from those contained in the forward-looking statements due to risks, uncertainties and assumptions. These factors include those found in the Company's reports filed with the SEC, including the information under the heading "Risk Factors" in its Annual Report on Form 10-K for the year ended December 31, 2023, which information is incorporated herein by reference. ManpowerGroup disclaims any obligation to update any forward-looking or other statements in this release, except as required by law. ​​ABOUT MANPOWERGROUP SINGAPORE Established in 1995 in Singapore, ManpowerGroup works with a range of manufacturing, resources, mining, transport and logistics, government, blue chip investment and retail banks, IT vendors and outsourcers, telecoms service providers and infrastructure, utilities and engineering services companies. In Singapore, the ManpowerGroup suite of solutions is offered through Manpower®, and Talent Solutions. More information on ManpowerGroup Singapore is available at: www.manpowergroup.com.sg ​​ABOUT MANPOWERGROUP ​ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, and Talent Solutions – creates substantially more value for candidates and clients across more than 70 countries and territories and has done so for more than 75 years. We are recognized consistently for our diversity – as a best place to work for Women, Inclusion, Equality, and Disability, and in 2024 ManpowerGroup was named one of the World's Most Ethical Companies for the 15th time – all confirming our position as the brand of choice for in-demand talent.

​Singapore (25 April 2024) - 98% of Southeast Asians (SEA) say that meaning at work is important to them and more than half (53%) of them are planning to take action to achieve it. Released today by job platform Jobs_that_makesense Asia, and global recruitment agency Manpower, the study polled largely working adults as well as a smaller group of tertiary students (17%) poised to enter the workforce.The report, titled: “The Quest for Meaning at Work", is the very first Southeast Asia-focused research survey on the pursuit of meaning at work. The report explores the responses of 2,023 participants from six key Southeast Asian countries and aims to define what meaningful work means to today’s workforce.When looking for a new job, nearly half of the respondents (45%) have identified salary and financial stability as their top priority. And one in three respondents said that maintaining a positive work-life balance is becoming increasingly important for professional fulfillment. Significantly, the pursuit of a high salary is not driven by the quest for material wealth but rather by the aim to provide comfort and security for one’s family.Unfortunately, the report shows only one in five (21%) of SEA respondents is “very satisfied” with the level of purpose in their current role, demonstrating a significant opportunity for organizations who want to set themselves apart in the tight talent market. SOUTHEAST ASIA (SEA) FINDINGS:98% of participants surveyed from six key SEA countries indicated that having meaning at work was important to them. Only one in five (21%) of SEA respondents indicated they currently feel “very satisfied” with their current level of meaning at work.More than half of SEA respondents expect their companies to take a leading role in promoting sustainability initiatives. They also advocate for the creation of more positions dedicated to Environmental, Social and Governance (ESG) responsibilities and the provision of learning programs for employees that focus on societal impact and sustainability.While the majority (86%) of SEA respondents believe that any job can contribute to the betterment of society and the planet, 53% of them are contemplating a career change to actively pursue this purpose. Impressively, 84% of those who have already made the transition report high levels of satisfaction.The significance of a company's reputation, particularly in social responsibility, has become a critical factor for job seekers. In fact, 77% of SEA respondents indicate that a company’s reputation in these areas significantly contributes to their decision to pursue employment with them.Respondents expect their companies and employers to balance improvements in workplace conditions with a commitment to broader societal well-being. More than seven out of ten respondents agreed enhancing working conditions with flexible hours, comprehensive health insurance and equal pay (74%), and advocacy for Diversity, Equity, and Inclusion (DEI) and other social causes (72%) are actions organizations could implement to enhance their meaning at work.  Jobs_that_makesense Asia CEO, Ms Léa Klein said, over the past three years, we've witnessed a significant shift in this area.“We are seeing a distinct shift towards integrating sustainable practices into various job roles, which is a positive development.”  “To meet our region's sustainability targets by 2030, we must accelerate the momentum we are seeing in this space. The workforce is increasingly committed to sustainability and DEIB practices, necessitating the expansion of sustainability-driven roles and upskilling programs. By mainstreaming sustainability across all levels of companies, these positions will become the new norm, ensuring the success of the entire region," Ms Klein said.ManpowerGroup’s Regional President of Asia Pacific and Middle East, Mr Francois Lancon, said this research is closely aligned to ManpowerGroup’s vision that meaningful and sustainable employment has the power to change the world.  “It is encouraging to see the findings of this report align to our own core belief that meaningful work is a key driver of employee happiness, health and productivity,” Mr Lancon said.  “Today, as the acceleration of automation, a greater focus on ESG, and the emergence of generative AI reshapes industries and economies, organizations have more ability than ever to create opportunities for people to engage in purposeful and fulfilling work.”  “While Manpower is committed to identifying and building talent with the right skills to succeed in these new roles, business leaders must have the courage to create opportunities that deliver the type of meaning today’s workforce craves,” Mr Lancon said. ​READ THE REPORTDOWNLOAD PRESS RELEASE​ABOUT JOBS_THAT_MAKESENSE ASIAJobs_that_makesense Asiaserves as the Southeast Asia arm of Jobs_that_makesense, a platform committed to nurturing careers that drive societal and environmental progress. Since its inception in 2020, Jobs_that_makesense has operated a job board facilitating access to opportunities within the green and social sectors. It also documents the local sector landscape and lists curriculum programs, empowering professionals to embark on purposeful careers. Over the past three years, Jobs_that_makesense has attracted over 2 million visitors annually, enabling them to explore diverse opportunities. Additionally, it has assisted more than 7,000 green and socially driven companies in connecting with talented individuals. For more information about Jobs_that_Makesense, visitwww.jobsthatmakesense.asia.ABOUT MANPOWERManpower®, part of the ManpowerGroup® (NYSE: MAN) family of companies, is a global leader in contingent staffing and permanent resourcing, providing companies with strategic and operational flexibility and creating talent at scale. Our talent agents and specialized recruiters leverage data-driven insights to assess, guide and place people into meaningful, sustainable employment, and our PowerSuite®tech platform enables assessment and matching to predict performance potential. Our Manpower MyPath®skilling program provides rapid skills development at scale with on-the-job training, market-based certifications, and coaching for roles in growth sectors. In this constantly shifting world, our flexible workforce solutions provide companies with the business agility needed to succeed. For more information about Manpower, visit www.manpower.com.sg

Singapore (25 April 2024) –97% of Singaporeans say that meaning at work is important to them, and more than half of them (51%) are planning to take action to achieve it. Released today by job platform Jobs_that_makesense Asia, and global recruitment agency Manpower, the study polled largely working adults as well as a smaller group of tertiary students (33%) poised to enter the workforce.The report, titled: “The quest for meaning at work", is the very first Southeast Asia-focused research survey on the pursuit of meaning at work. The report explores the responses of 2,023 participants from six key Southeast Asian countries and aims to define what meaningful work means to today’s workforce. 494 in Singapore participated in this survey. When looking for a new job, nearly half of the Singapore respondents (48%) have identified salary and job stability as their top priorities. And one in three respondents said that maintaining a positive work-life balance is becoming increasingly important for professional fulfillment. Significantly, the pursuit of a high salary is not driven by the quest for material wealth but rather by the aim to provide comfort and security for one’s family.Unfortunately, the report shows that only one in five (20%) Singapore respondents is “very satisfied” with the level of purpose in their current role, demonstrating a significant opportunity for organizations who want to set themselves apart in the tight talent market.​SINGAPORE FINDINGS:97% of Singapore respondents indicated that having meaning at work was important to them. However, only one in five (20%) of Singapore respondents indicated they currently feel “very satisfied” with their current level of meaning at work.More than eight out of ten Singapore respondents agreed that enhancing working conditions with flexible hours, comprehensive health insurance and equal pay (82%), advocacy for Diversity, Equity, and Inclusion (DEI) and other social causes (65%), and creating more opportunities dedicated to Environmental, Social, and Governance (ESG) (56%) are actions organizations could implement to enhance their meaning at work.Limited availability of green and social-driven job opportunities (33%), the need to balance personal life responsibilities with professional aspirations (20%), and lack of skills and experience (15%) are the top three challenges Singapore respondents face in their quest for jobs with purpose.Seven in ten (73%) Singapore respondents indicated that they take into consideration the company’s reputation for social responsibility when deciding to work for them.SOUTHEAST ASIA FINDINGS:98% of participants surveyed from six key SEA countries indicated that having meaning at work was important to them. Only one in five (21%) of SEA respondents indicated they currently feel “very satisfied” with their current level of meaning at work.More than half of SEA respondents expect their companies to take a leading role in promoting sustainability initiatives. They also advocate for the creation of more positions dedicated to ESG responsibilities and the provision of learning programs for employees that focus on societal impact and sustainability. While the majority (86%) of SEA respondents believe that any job can contribute to the betterment of society and the planet, 53% of them are contemplating a career change to actively pursue this purpose. Impressively, 84% of those who have already made the transition report high levels of satisfaction. The significance of a company's reputation, particularly in social responsibility, has become a critical factor for job seekers. In fact, 77% of SEA respondents indicate that a company’s reputation in these areas significantly contributes to their decision to pursue employment with them. Respondents expect their companies and employers to balance improvements in workplace conditions with a commitment to broader societal well-being. More than seven out of ten respondents agreed enhancing working conditions with flexible hours, comprehensive health insurance and equal pay (74%), and advocacy for DEI and other social causes (72%) are actions organizations could implement to enhance their meaning at work.ManpowerGroup’s Country Manager for Singapore, Ms Linda Teo, said that the report’s insights will help employers in Singapore come up with better strategies to realign their business objectives to individual aspirations, setting the stage for a more inclusive and sustainable business model.“Whenever the topic of meaning at work is discussed, Gen Z usually comes to mind. However, the report shows that it’s not just Gen Z who wants to work in jobs that combine passion with purpose, but workers across different age groups.”Ms Teo added, “Notably, the report reveals that majority of Singapore believe that having more flexibility in their work improves their working conditions, giving them greater job fulfillment. Employers who have been slow to roll out flexible work arrangements should take note or risk falling behind in the race for talent.”​ABOUT THE METHODOLOGY The survey was conducted across six countries (Singapore, Malaysia, the Philippines, Indonesia, Vietnam, and Thailand), offering participants the choice to respond in English, Thai, or Vietnamese. A total of 2,023 individuals took part in the survey, which was administered in March 2024. Respondents represented diverse sectors and demographics, spanning from small to large organizations, encompassing both nonprofit and corporate sectors. The majority of participants hailed from the for-profit industry.​READ THE REPORT​DOWNLOAD PRESS RELEASE ​ABOUT JOBS_THAT_MAKESENSE ASIAJobs_that_makesense Asiaserves as the Southeast Asia arm of Jobs_that_makesense, a platform committed to nurturing careers that drive societal and environmental progress. Since its inception in 2020, Jobs_that_makesense has operated a job board facilitating access to opportunities within the green and social sectors. It also documents the local sector landscape and lists curriculum programs, empowering professionals to embark on purposeful careers. Over the past three years, Jobs_that_makesense has attracted over 2 million visitors annually, enabling them to explore diverse opportunities. Additionally, it has assisted more than 7,000 green and socially driven companies in connecting with talented individuals. For more information about Jobs_that_Makesense, visit www.jobsthatmakesense.asia.  ABOUT MANPOWERManpower®, part of the ManpowerGroup® (NYSE: MAN) family of companies, is a global leader in contingent staffing and permanent resourcing, providing companies with strategic and operational flexibility and creating talent at scale. Our talent agents and specialized recruiters leverage data-driven insights to assess, guide and place people into meaningful, sustainable employment, and our PowerSuite® tech platform enables assessment and matching to predict performance potential. Our Manpower MyPath® skilling program provides rapid skills development at scale with on-the-job training, market-based certifications, and coaching for roles in growth sectors. In this constantly shifting world, our flexible workforce solutions provide companies with the business agility needed to succeed. For more information about Manpower, visit www.manpower.com.sg

​SINGAPORE (12 MARCH 2024) – Hiring sentiments in Singapore soften for the second consecutive quarter, but bright spots remain in various markets, reveals ManpowerGroup’s latest Employment Outlook Survey. Out of the 525 employers in Singapore surveyed about their hiring plans for the April to June period, 41% plan to hire, 17% anticipate a decrease in their staffing levels, while 42% do not expect any change. The Net Employment Outlook (NEO) after seasonal adjustment is +24%, weakening 5 percentage points from last quarter and 3 percentage points year-over-year. Used internationally as a bellwether of economic and labor market trends, the NEO is calculated by subtracting the percentage of employers who anticipate reductions in staffing levels from those who plan to hire. Out of nine sectors, employers in Financials and Real Estate reported the strongest hiring intentions (+45%) in Singapore, even ranking third globally among 42 countries. Meanwhile, employers in Healthcare and Life Sciences and Energy and Utilities anticipate healthy headcount growth, with Outlooks of +36% and +33% respectively. Notably, hiring sentiments have improved the most in the Energy and Utilities sector since the last quarter, strengthening 22 percentage points. “Banking and finance companies are seeing a boom in demand for sustainable financing as more businesses take on sustainable loans to support their green transformation,” comments Ms. Linda Teo, Country Manager of ManpowerGroup Singapore. “With Singapore being a leading hub for green finance and carbon trading in Asia and globally, banking and finance companies are actively recruiting talent with environmental, social, and corporate (ESG) expertise and qualifications to support their growth in this area.” On the robust improvement in hiring outlook in the Energy and Utilities sector, Ms. Teo notes, “The green movement is also fueling jobs growth in the renewable energy industry as more investments are being channeled to fund the development of and transition to clean energy sources. The recent news of the setting up of the Future Energy Fund will also likely further boost hiring activity within the renewable energy cluster in anticipation of more business opportunities ahead.”Hiring Outlooks in Singapore dip for the second consecutive quarter: Singapore’s NEO for Q2 is +24%, weakening 5 percentage points from last quarter and 3 percentage points year-over-year. While 8 out of 9 sectors reported positive hiring outlooks, hiring sentiments are weaker in 4 sectors when compared to Q1. Hiring demand in Singapore to be led by the Financials & Real Estate sector: Reporting a robust Outlook of +45%, hiring sentiments in the sector improve by 6 percentage points from last quarter and this time last year. Notably, Singapore’s Financials & Real Estate’s Outlook ranks third globally, behind USA (+50%) and Peru (+46%). Renewed interest in sustainability drives hiring demand in the Energy & Utilities sector: While the hiring outlook declined 34 percentage points from one year ago, hiring intentions improve 22 percentage points from the last quarter, resulting in a NEO of +33%. The weakest job market is forecast to be the Communication Services sector: Communication Services sector’s employers report a NEO of -29%, sharply declining by 72 percentage points quarter-on-quarter and 88 percentage points year-over-year. Organizations of all sizes except Micro-Organizations anticipate headcount growth: Out of 6 organization sizes, the strongest hiring Outlook is recorded in very large organizations with 1000 - 4999 employees (+44%). Meanwhile, micro-organizations with less than 10 employees recorded the weakest hiring intentions (-8%). While 5 out of 6 organization sizes report positive Outlooks, hiring sentiments weaken in 4 when compared to Q1 2024. Strong hiring demand in Asia Pacific region: Strongest hiring demand is in India (+36%), China (+32%) and Singapore (+24%). Weakest labor markets are forecast to be Taiwan (+12%) and Japan (+11%). Employers, uncertain about business outlooks, are cutting back on spending for marketing services to better manage costs. With less business opportunities, companies in the media, publishing and advertising industries are likely to pause their hiring and review their manpower needs during this lull period,” says Ms. Teo. ​Besides employment outlooks, the latest edition of the report also sheds light on Singapore companies’ progress on Diversity, Equity, Inclusion and Belonging (DEIB) and closing the gender gap at work. Gender Equality Initiatives are on track for under half of senior management roles: 42% of employers surveyed said that their company initiatives were on track in increasing the number of women candidates for top-level management. Employers in Singapore expect most of the progress on gender equality to happen in the next two years: However, less than a third (27%) of employers expect gender equality to be fully achieved by then. Technology has a key role in closing the gender gap at work: 73% of employers agree that technology has helped them become more flexible, promoting more gender equality. Flexibility is key to securing and retaining diverse talent: Globally and locally, majority of companies say that promoting flexible work policies has helped them retain diverse talent and expand their talent pool. Top two drivers of DEIB success: 42% of employers rank building trust and supporting employee well-being as the most important factors in driving their diversity initiatives forward. It’s not just HR’s responsibility to foster DEIB: 74% of employers agree that talent acquisition plays an important role in fostering a diverse candidate pool, plus HR and hiring decision makers play an important role in creating an equitable and inclusive environment for all.Fostering DEIB has shifted from a good to have to a core business strategy for many organizations today,” says Ms. Teo. “In today’s workplace, the duty of creating an inclusive environment falls on all of us. While HR is responsible for driving DEIB initiatives, true progress cannot be made unless hiring decision makers are on board as well and walk the talk in their recruitment choices.” To view complete results for the ManpowerGroup Employment Outlook Survey, visit: www.manpowergroup.com.sg/meos. The next survey will be released in June and will report hiring intentions for the third quarter of 2024. READ THE REPORTABOUT THE SURVEYThe ManpowerGroup Employment Outlook Survey is the most comprehensive, forward-looking employment survey of its kind, used globally as a key economic indicator. The Net Employment Outlook is derived by taking the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of employers expecting a decrease in hiring activity. SURVEY METHODOLOGYThe methodology used to collect NEO data has been digitized in 42 markets for the Q2 2024 report. Survey responses were collected from January 2-31, 2024. Both the question asked and the respondent profile remain unchanged. The size of the organization and sector are standardized across all countries and territories to allow international comparisons. FORWARD LOOKING STATEMENTSThis press release contains forward-looking statements, including statements regarding labor demand in certain regions, countries, industries, and economic uncertainty. Actual events or results may differ materially from those contained in the forward-looking statements due to risks, uncertainties and assumptions. These factors include those found in the Company's reports filed with the SEC, including the information under the heading "Risk Factors" in its Annual Report on Form 10-K for the year ended December 31, 2022, which information is incorporated herein by reference. ManpowerGroup disclaims any obligation to update any forward-looking or other statements in this release, except as required by law. ABOUT MANPOWERGROUP SINGAPOREEstablished in 1995 in Singapore, ManpowerGroup works with a range of manufacturing, resources, mining, transport and logistics, government, blue chip investment and retail banks, IT vendors and outsourcers, telecoms service providers and infrastructure, utilities and engineering services companies. In Singapore, the ManpowerGroup suite of solutions is offered through Manpower®, and Talent Solutions. More information on ManpowerGroup Singapore is available at: www.manpowergroup.com.sg ABOUT MANPOWERGROUPManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing, and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis, and Talent Solutions – creates substantially more value for candidates and clients across more than 70 countries and territories and has done so for more than 75 years. We are recognized consistently for our diversity – as a best place to work for Women, Inclusion, Equality, and Disability, and in 2024 ManpowerGroup was named one of the World's Most Ethical Companies for the 15th time – all confirming our position as the brand of choice for in-demand talent.

​The Net Employment Outlook for the final quarter of 2020 is -3%, a steep increase of 25 percentage points when compared with the last quarter. However, hiring plans remain 8 points weaker in a comparison with 4Q 2019.The strongest labor market is anticipated by Transportation & Utilities sector employers (+5%) while weakest is in Manufacturing sector (-12%)Most employers anticipate hiring activity to return to pre-COVID levels in 10 to 12 months (26%)Out of the 7 Asia Pacific countries and territories, the strongest regional Outlook is reported in Taiwan while the weakest is in Singapore. SINGAPORE (8 SEPTEMBER 2020) – Job seekers can expect a muted hiring climate for the upcoming October to December period, reveals latest ManpowerGroup Employment Outlook Survey report. The survey, conducted against the backdrop of COVID-19, reflects the impact of the global health crisis on the local labor market. ​Of the 462 employers interviewed, 7% forecast an increase in payrolls, 10% anticipate a decrease and 73% do not expect any changes, resulting in a Net Employment Outlook of -3% after seasonal adjustment. Compared to last quarter, hiring prospects improve sharply by 25 percentage points, but are 8 percentage points weaker when compared with the same time last year. ​Hiring activity is expected to gradually recover to pre-COVID-19 levels – 26% of employers forecast it will take 10 to 12 months, 22% anticipate it to return within the next 3 months and 19% expect this to take 4 to 9 months. Meanwhile, 16% of employers estimate it will take longer than a year. Fieldwork for the survey was conducted during the last two weeks of July 2020.​When asked about existing members of the workforce that have been placed on a job retention or furlough scheme, 15% of companies suggest they plan to bring them back full-time, however, a portion (16%) had indicated that some of them will be let go.​On the results, ManpowerGroup Singapore Country Manager, Ms Linda Teo, comments, “While there continues to be a strong demand of IT and digital talents due to accelerating digitalization, companies are also leveraging on the subsidies provided under the SGUnited Traineeships Program to hire talents for various business functions.”​Employers in four of the seven industry sectors forecast hiring gains in the fourth quarter. The strongest labor market is expected to be the Transportation & Utilities sector, with a Net Employment Outlook of +5%. Elsewhere, employers in Finance, Insurance & Real Estate sector anticipate limited job gains, reporting an Outlook of +3%, while Outlooks of +1% are reported in both the Mining & Construction sector and the Public Administration & Education sector. In contrast, employers in Manufacturing, Wholesale & Retail Trade and Services sectors report gloomy hiring intentions, with Outlooks of -12%, -7% and -1% respectively.​Compared to the previous quarter, hiring sentiments improve in six of the seven industry sectors, with Mining & Construction sector’s employers reporting the steepest increase of 58 percentage points. This is followed by the Services sector, where the Outlook is 33 percentage points stronger. ​Improvements in job prospects are also expected in the Wholesale & Retail Trade sector and the Manufacturing sector, where the reported hiring Outlooks have increased by 12 and 9 percentage points respectively. However, hiring sentiment weakens in the Public Administration & Education sector, declining by 7 percentage points.​“With the opening of the economy in Phase Two, companies are expected to step up hiring of locals to fill jobs left vacant by Malaysians unable to return to work due to travel restrictions during the survey period,” Ms Teo added.​Employers in all four organization size categories expect to reduce payrolls during the next three months, most notably in the Large-size category (-10%). The most resilient Outlook of -2% is reported by Small employers.​Employers in five Asia Pacific countries and territories expect to add to payrolls during the upcoming quarter, while staffing levels are expected to decline in two. In a quarter-over-quarter comparison, Outlooks weaken in three countries and territories but strengthen in four. When compared with last year at this time, hiring prospects weaken in six countries and territories while remaining unchanged in the seventh. The strongest regional Outlook is reported in Taiwan (+20%), while the weakest and only negative hiring climates are expected in Hong Kong (-2%) and Singapore (-3%).​To view complete results for the ManpowerGroup Employment Outlook Survey, visit: www.manpowergroup.com.sg/meos.​NOTE: Net Employment Outlook: This figure is derived by taking the percentage of employers anticipating total employment to increase and subtracting from this the percentage expecting to see a decrease in employment at their location in the next quarter.​Please note that all data discussed in the commentary is seasonally adjusted, unless stated otherwise.​The next ManpowerGroup Employment Outlook Survey will be released on 8 December 2020 and will forecast labor market activity for the final quarter of 2020. The ManpowerGroup Employment Outlook Survey is available free of charge to the public through their local Manpower representative in participating countries. To receive an e-mail notification when the survey is available each quarter, please complete an online subscription form here.​About ManpowerGroup Singapore  Established in 1995 in Singapore, ManpowerGroup works with a range of manufacturing, resources, mining, transport and logistics, government, blue chip investment and retail banks, IT vendors and outsourcers, telecoms service providers and infrastructure, utilities and engineering services companies. In Singapore, the ManpowerGroup suite of solutions is offered through Manpower®, Experis®, and Talent Solutions. More information on ManpowerGroup Singapore is available at:  www.manpowergroup.com.sg ​​About ManpowerGroup  ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis and Talent Solutions – creates substantial value for candidates and clients across more than 75 countries and territories and has done so for over 70 years. We are recognized consistently for our diversity - as a best place to work for Women, Inclusion, Equality and Disability and in 2020 ManpowerGroup was named one of the World's Most Ethical Companies for the eleventh year - all confirming our position as the brand of choice for in-demand talent. www.manpowergroup.com.  ​​

8 ​Singapore employers report Net Employment Outlook of -28% for Q3 2020 - the weakest in 11 years. 66% of employers expect hiring to return to pre-COVID-19 levels within the next 12 months, with over a quarter surveyed estimating that it will take 4 to 9 months. Employers in six of the seven sectors expect payrolls to decline during the coming quarter.Finance, Insurance & Real Estate sector, Manufacturing sector, Services sector and Wholesale & Retail Trade sector report their weakest hiring intentions since 2009.SINGAPORE (9 JUNE 2020) – Employers in Singapore report bleak hiring outlook for Q3 when surveyed during the circuit breaker, reflecting the impact of the COVID-19 outbreak on the labor market in Singapore.​Singapore employers were asked how do they anticipate total employment at their company to change during the July – September period as compared to the current quarter. Out of 266 surveyed, 11% of employers forecast an increase in headcount, 38% anticipate a decrease and 46% expect no change. The resulting Net Employment Outlook is -28% after accounting for seasonal variation. ​These are the weakest hiring intentions reported since 2009, declining by 37 percentage points when compared with the previous quarter and by 40 percentage points in comparison with the third quarter of 2019. ​66% of employers surveyed expect hiring levels to return to pre-COVID-19 levels within the next 12 months. Hiring activity is expected to recover gradually – 20% of employers estimate this will take within 3 months, 25% predict 4 to 9 months, 22% expect it to take 10 to 12 months. Meanwhile, 15% of respondents estimate it will take more than a year. ​On the results, Ms Linda Teo, Country Manager, ManpowerGroup Singapore, comments, “COVID-19’s impact on businesses has affected hiring sentiments for the next few months. Most employers are putting non-critical hiring on hold and focusing on streamlining their current headcounts instead during this unprecedented time.”​Employers in six of the seven sectors expect payrolls to decline during the coming quarter. The weakest labor market is forecast to be the Mining & Construction sector with a reported Net Employment Outlook of -57%, which is also the weakest Outlook reported since conducting the survey in Singapore in 2003. ​Weak hiring prospects are also reported in the Services and Manufacturing sectors as well, with reported Outlooks of -35% and -21% respectively. Elsewhere, employers in Finance, Insurance & Real Estate and Transportation & Utilities sectors report Outlooks of -3% and -1%. Meanwhile, employers in the Public Administration & Education sector report modest hiring plans with an Outlook of +10%.​Compared to the previous quarter, hiring intentions weakened in six of the seven sectors, most notably in the Mining & Construction sector, where the Outlook sharply decreases by 67 percentage points. Hiring activity is also expected to decline significantly in the Services sector, where the forecast is 47 percentage points weaker. Meanwhile, employers in four sectors – Finance, Insurance & Real Estate sector, Manufacturing sector, Services sector and Wholesale & Retail Trade sector – reported their weakest forecasts since 2009. In contrast, employers in Public Administration & Education report relatively stable hiring intentions when compared quarter on quarter but Outlook is weaker by 14 percentage points when compared to last year. ​“Amidst the bleak hiring climate, job seekers can still find pockets of opportunities, especially in the Public Administration & Education sector due to ongoing government initiatives to stimulate hiring and upskilling during this challenging time. Job seekers finding difficulty in landing a job in current market conditions can consider upgrading their skills to better position themselves when hiring activity picks up,” says Ms Teo.​Employers in three of the four organization sizes report weaker hiring plans during the next quarter. Companies under the Micro category report the positive hiring intention of +3%, while hiring climate is the weakest in Medium-sized organizations, with a reported Outlook of -34%. ​“With most companies putting non-essential hiring on hold, micro-sized firms face less competition in hiring the in-demand talent they need,” added Ms Teo. ​Employers in four Asia Pacific countries and territories expect to grow payrolls during the next three months, while a decrease in payrolls is anticipated in two, with no change in one. Hiring plans weaken in six of the seven countries and territories when compared with the previous quarter, while remaining unchanged in one. In a year-over-year comparison, Outlooks weaken in all seven. Japanese employers anticipate the strongest labor market in the region, while the weakest hiring activity is expected in Singapore and Australia.​NOTE:Net Employment Outlook: This figure is derived by taking the percentage of employers anticipating total employment to increase and subtracting from this the percentage expecting to see a decrease in employment at their location in the next quarter. To view complete Singapore results for the ManpowerGroup Employment Outlook Survey, visit: www.manpowergroup.com.sg/meosTo view global survey results, visit: www.manpowergroup.com/meosThe next ManpowerGroup Employment Outlook Survey will be released on 8 September 2020 and will forecast labor market activity for the second quarter of 2020. The ManpowerGroup Employment Outlook Survey is available free of charge to the public through their local Manpower representative in participating countries. ​About ManpowerGroup SingaporeEstablished in 1995 in Singapore, ManpowerGroup works with a range of manufacturing, resources, mining, transport and logistics, government, blue chip investment and retail banks, IT vendors and outsourcers, telecoms service providers and infrastructure, utilities and engineering services companies. In Singapore, the ManpowerGroup suite of solutions is offered through Manpower®, Experis®, and Talent Solutions. More information on ManpowerGroup Singapore is available at:www.manpowergroup.com.sg​About ManpowerGroupManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis and Talent Solutions – creates substantial value for candidates and clients across more than 75 countries and territories and has done so for over 70 years. We are recognized consistently for our diversity - as a best place to work for Women, Inclusion, Equality and Disability and in 2020 ManpowerGroup was named one of the World's Most Ethical Companies for the eleventh year - all confirming our position as the brand of choice for in-demand talent. See how ManpowerGroup is powering the future of work: www.manpowergroup.com.​

Singapore’s Net Employment Outlook for Q2 in 2020 is +9% for the second consecutive quarterWhile employers in all seven industry sectors reported positive hiring intentions, hiring sentiment weakens in four sectors when compared with Q1 2020An increase in staffing levels is anticipated in all four organization size categories during the coming quarterThe strongest Asia Pacific labor markets are forecast by employers in Japan (+24%) and Taiwan (+24%).SINGAPORE (10 MARCH 2020) – Employers in Singapore anticipate a conservative hiring pace to continue for the second quarter of 2020, according to the latest ManpowerGroup Employment Outlook Survey. Out of 622 employers surveyed, 13% of employers are expecting an increase in payrolls, 4% are anticipating a decrease and 77% forecast no change. The resulting Net Employment Outlook (NEO) is +9% after seasonal variation. Hiring intentions remain constant when compared to last quarter but decline by 2 percentage points in a year-over-year comparison. *​ “As the survey was conducted in January when the Covid-19 outbreak was unfolding, employers were adjusting their hiring intentions to the developing situation. The extent of the impact on businesses remains unclear, but the recent downgrade in Singapore’s growth forecast by the Ministry of Trade and Industry is likely to further dampen employer confidence,” says Ms Linda Teo, Country Manager of ManpowerGroup Singapore. “Nonetheless, pockets of job opportunities can still be found across the various industries and sectors, such as within the Services sector or Financial, Insurance & Real Estate sector.”​Employers in all seven industry sectors expect to add to payrolls during the April to June period. The strongest hiring prospects are reported in the Services sector, with a NEO of +12%. Steady job gains are expected in the Finance, Insurance & Real Estate and the Transportation & Utilities sectors, both of which reported Outlooks of +11%. Meanwhile Outlooks stand at +10% in both the Mining & Construction sector and the Public Administration & Education sector. Some hiring activity is expected in the Wholesale & Retail Trade sector, which forecasted an Outlook of +9%. The weakest labor market is expected in the Manufacturing sector where the Outlook is +6%.​Hiring sentiment weakens in four of the seven industry sectors when compared with the previous quarter, most notably in the Public Administration & Education sector, which declined by 14 percentage points. Elsewhere, hiring plans improve by 4 percentage points in the Services sector and are 2 percentage points stronger in two sectors – the Manufacturing sector and the Wholesale & Retail Trade sector.​Employers expect to increase payrolls in all four organization size categories during the second quarter of 2020. The strongest labor markets are forecast by Large- and Medium-size employers, reporting NEOs of +12%.In Asia Pacific, employers in all seven countries and territories anticipate payroll gains in the next three months. The strongest Asia Pacific labor markets are forecast by employers in Japan (+24%) and Taiwan (+24%), while the weakest hiring pace is expected in Hong Kong (+1%).​Notes to EditorsNet Employment Outlook: This figure is derived by taking the percentage of employers anticipating total employment to increase and subtracting from this the percentage expecting to see a decrease in employment at their location in the next quarter. ​Please note that all data discussed in the commentary is seasonally adjusted, unless stated otherwise.To view complete results for the ManpowerGroup Employment Outlook Survey, visit: www.manpowergroup.com.sg/meos. The next ManpowerGroup Employment Outlook Survey will be released on 9 June 2020 and will forecast labor market activity for the third quarter of 2020. The ManpowerGroup Employment Outlook Survey is available free of charge to the public through their local Manpower representative in participating countries. To receive an e-mail notification when the survey is available each quarter, please complete an online subscription form here.* The survey was conducted between January 6 and January 28 before the global escalation of Covid-19​About ManpowerGroupManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands –Manpower, Experis and Talent Solutions –creates substantial value for candidates and clients across 80 countries and territories and has done so for over 70 years. In 2020, ManpowerGroup was named one of the World's Most Ethical Companies for the eleventh year and recognized consistently for our diversity -as a best place to work for Women, Inclusion, Equality and Disability, confirming our position as the brand of choice for in-demand talent.See how ManpowerGroup is powering the future of work: www.manpowergroup.com.sg​

Singapore’s Net Employment Outlook for Q1 2020 is +9%, a moderate increase of 5 percentage points from previous quarterThe strongest labor market is anticipated to be the Public Admin & Education sector while firms in the Manufacturing sector report the weakest hiring intentionsFor the seventh consecutive quarter, the strongest Asia Pacific hiring prospects are reported in Japan. SINGAPORE (10 DECEMBER 2019) – Hiring pace in Singapore is expected to pick up during the first three months of 2020 as employers report encouraging signs for jobseekers in the latest ManpowerGroup Employment Outlook Survey. ​Out of 630 employers surveyed, 13% of employers expect to increase payrolls, 5% forecast a decrease and 79% do not anticipate any change. The resulting Net Employment Outlook is +9% after adjusting for seasonal variation, a moderate increase of 5 percentage points from the previous quarter. ​“While employers are cautiously optimistic in their hiring plans for the upcoming quarter, they will adjust their hiring plans in reaction to changing market conditions,” says Ms Linda Teo, ManpowerGroup Singapore Country Manager. “As such, labor market activity is expected to be volatile.”​Employers expect to increase staffing levels in all seven industry sectors during the January to March period. The strongest labor market is anticipated in the Public Administration & Education sector, with a reported Net Employment Outlook of +22%. ​“More companies are investing in employee training to plug the skill gaps in their workforce,” noted Ms Teo. “Foreseeing demand for education services to continue growing, firms in the Public Administration & Education sector plan to hire to ensure they have sufficient manpower.”​Meanwhile, Finance, Insurance & Real Estate sector employers report a healthy Outlook of +15%, strengthening by 9 percentage points from the last quarter. Standing at +12%, employers in the Mining & Construction sector report their strongest hiring Outlook in four years. Similarly, the Outlook in the Transportation & Utilities sector is +12%, the strongest in two years. The weakest Outlook of +3% is reported by Manufacturing sector employers, which improved by 3 percentage points quarter-on-quarter but declined by 11 percentage points year-on-year.​Hiring prospects improve in six of the seven sectors quarter-over-quarter, and also strengthen in five sectors when compared with last year at this time. Compared with the last quarter, the most notable increase is recorded in the Transportation & Utilities sector, which improved by 19 percentage points.​Employers all four organization size categories forecast payroll gains in the first quarter of 2020. The strongest hiring pace is expected by Large employers (+26%), while Micro employers report the weakest hiring intention with an Outlook of +2%.​Employers in all seven Asia Pacific countries and territories expect to add to headcounts in the coming quarter. Hiring outlooks strengthen in three countries and territories quarter-over-quarter, but also weaken in three. For the seventh consecutive quarter, the strongest Asia Pacific hiring prospects are reported in Japan (+25%). Meanwhile, Chinese employers report the most cautious Outlook in the region (+6%).​NOTE:Net Employment Outlook: This figure is derived by taking the percentage of employers anticipating total employment to increase and subtracting from this the percentage expecting to see a decrease in employment at their location in the next quarter. To view complete Singapore results for the ManpowerGroup Employment Outlook Survey, visit: www.manpowergroup.com.sg/meos To view global survey results, visit: www.manpowergroup.com/meos The next ManpowerGroup Employment Outlook Survey will be released on 10 March 2020 and will forecast labor market activity for the second quarter of 2020. The ManpowerGroup Employment Outlook Survey is available free of charge to the public through their local Manpower representative in participating countries. ​About ManpowerGroup SingaporeEstablished in 1995 in Singapore, ManpowerGroup works with a range of manufacturing, resources, mining, transport and logistics, government, blue chip investment and retail banks, IT vendors and outsourcers, telecoms service providers and infrastructure, utilities and engineering services companies. In Singapore, the ManpowerGroup suite of solutions is offered through ManpowerGroup® Solutions, Manpower®, Experis®, and Right Management®. More information on ManpowerGroup Singapore is available at: www.manpowergroup.com.sg​ About ManpowerGroupManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower®, Experis®, Right Management® and ManpowerGroup® Solutions – creates substantially more value for candidates and clients across 80 countries and territories and has done so for over 70 years. In 2019, ManpowerGroup was named one of the World's Most Ethical Companies for the tenth year and one of Fortune's Most Admired Companies for the seventeenth year, confirming our position as the most trusted and admired brand in the industry. See how ManpowerGroup is powering the future of work: www.manpowergroup.com ​