ManpowerGroup 2007 Annual Report Download - page 14

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Like every year, 2008 brings many unknown variables, and there are
currently clouds overhead that are cause for concern about the state
of the U.S. economy, in particular, and the world economy in general.
Some experts are forecasting recession, while others are predicting
that the situation will improve. We cannot predict precisely what the
economy will bring, but we are better positioned to weather economic
turbulence than ever before. If a downturn comes, we’ll be ready. We’ve
been through this before, and our view is that it is the perfect opportunity
to invest in key areas of the business and expand our market share,
while improving the value of our services. If the clouds clear and sunny
days lie ahead, we’re off to the races. The strength of our service
portfolio, geographic network and client mix provide us with the strong,
sturdy platform to forge ahead unwavering, regardless of which way
the wind blows.
Regards,
Jeffrey A. Joerres
Chairman, CEO & President
February 15, 2008