Labor Market
ManpowerGroup, one of the largest U.S.-based staffing companies, said Thursday that its U.S. revenue grew 5.5% in the third quarter, to $728.8 million from $690.8 million a year earlier, and that its Experis professional and IT staffing brand returned to growth in the United States during the quarter.
The Milwaukee-based company reported results for the three months ended Sept. 30 on Oct. 15. Total revenue was $4.84 billion, up 4.4% as reported, 5.2% in constant currency and 6% on an organic constant-currency basis, which excludes currency swings and acquisitions or disposals.
Where the growth came from
The company said its top-line growth was driven by its namesake Manpower staffing brand, “particularly in the United States.” Chair and chief executive Jonas Prising said in the release that the brand “continues to lead the way, with notable share gains in the U.S.” In its earnings presentation, the company put global Manpower-brand revenue growth at 7% on an organic constant-currency basis.
The more notable change was at Experis, which places IT and professional workers. The company said U.S. Experis crossed over to growth during the quarter. Globally, Experis revenue was flat on an organic constant-currency basis, an improvement from a 2% decline in the second quarter. Talent Solutions, which includes recruitment process outsourcing and outplacement, grew 1%, with lower outplacement activity at its Right Management unit partly offsetting gains elsewhere.
The broader Americas segment grew 13.5% as reported and 11.5% in constant currency, to $1.25 billion. Most of that came from outside the U.S.: revenue in the company’s “Other Americas” category rose 27% as reported. U.S. operating unit profit rose 18.2% to $24.3 million.
Profit and outlook
Net earnings were $34.1 million, or 71 cents a diluted share, up from $18 million, or 38 cents, a year earlier. Excluding restructuring, transformation and other items, earnings were $1.01 a share. Gross profit was essentially flat at $767.3 million, compared with $768.9 million a year earlier, even as revenue rose, meaning the company kept a smaller share of each dollar billed.
For the fourth quarter, ManpowerGroup guided to diluted earnings of $1.03 to $1.13 a share and organic constant-currency revenue growth of 4% to 8%, including 7% to 11% for the Americas. It did not give a separate U.S. forecast. The company also announced that Becky Frankiewicz will become CEO on Jan. 1, 2027, with Prising moving to executive chair.
Why it matters for job seekers
Temporary staffing is often watched as an early indicator because employers tend to add or cut contract workers before changing permanent headcount. A U.S. staffing business growing at a mid-single-digit pace, with the IT and professional side turning positive, is consistent with employers cautiously adding flexible labor rather than pulling back. For workers in IT and professional contracting, the Experis turn suggests that, at least at this company, client demand for those roles is no longer shrinking in the U.S.
The catch
These figures measure what clients paid one company, not how many jobs exist. Revenue can rise because of higher bill rates, longer assignments or market-share gains, and Prising explicitly credited share gains in the U.S. The release does not report the number of workers placed, job openings or U.S. growth by brand in percentage terms, and it does not break out results by state or metro area, so it says nothing specific about Atlanta or Georgia. Government counts of temporary-help employment remain the better gauge of the overall staffing market.
Sources
- ManpowerGroup (PR Newswire), “ManpowerGroup Reports 3rd Quarter 2026 Results,” October 15, 2026. https://www.prnewswire.com/news-releases/manpowergroup-reports-3rd-quarter-2026-results-302909194.html
- ManpowerGroup, Form 8-K Exhibit 99.1 (third-quarter 2026 earnings release), October 15, 2026. https://www.sec.gov/Archives/edgar/data/0000871763/000119312526422291/man-ex99_1.htm
- ManpowerGroup, Form 8-K Exhibit 99.2 (third-quarter 2026 results presentation), October 15, 2026. https://www.sec.gov/Archives/edgar/data/0000871763/000119312526422291/man-ex99_2.htm
Featured photo: A Manpower staffing office on Calle de Francisco Silvela in Madrid, Spain, in April 2025. Representative image of the company; not a U.S. branch. Photo: Lojwe, via Wikimedia Commons (CC0). Cropped from the original.
