Track Which Industries Are Growing When Paving a Career, ManpowerGroup Tells
Workers, As U.S. Jobless Rate Drops to 7.7%
U.S. Bureau of Labor Statistics Reports 236,000 Jobs Added in February
MILWAUKEE, March 8, 2013
MILWAUKEE, March 8,2013 /PRNewswire/ -- ManpowerGroup (NYSE: MAN), the world
leader in innovative workforce solutions, tells U.S. workers to carefully
examine how to apply their core skills to growing industries and to develop
new skills that can be applied across industries and different functions, as
the U.S. Bureau of Labor Statistics today reported that the overall February
jobless rate was 7.7%, down from 7.9% in January.
A substantial 236,000 jobs were added in February across industries.
Professional and business services added the most jobs at 73,000; construction
increased by 48,000; while health care added 32,000. Information and retail
trade also added significant number of workers.
January's job figures were revised down from 157,000 to 119,000, while
December's jobs figure was revised up for the second time. It now stands at
"To experience more 2013 job growth spikes, across industries, particularly in
the wake of federal job losses, the U.S. job market must reinforce its
educational infrastructure," said Jeffrey A. Joerres, ManpowerGroup Chairman
and CEO. "With budget cuts to education, companies are under increasing
pressure to invest in modernizing school curriculums and preparing today's
workers and students for fast-growing industries. Employers have always been
the most knowledgeable sources of what skills will accelerate industry growth.
Yet, the responsibility they now bear, to invest in skills-training the
American workforce, is inescapable."
Today's jobs report also cited the millions of U.S. workers who have been
unemployed for years. This talent is often concentrated in regions where a
dominant industry or employer has not been able to hire locally due, in part,
to a shortage of the right skills.
"To build a long-term career across many industries, individuals at all career
stages must first examine which industries are growing and then seek the
skills and career development expertise that will open doors for them across
these industries," said ManpowerGroup President Jonas Prising. "Essential
career planning resources are found in ManpowerGroup's widespread presence in
U.S. communities. The ManpowerGroup network is critical for acquiring the
insight into the top skills demanded by today's growing employers."
ManpowerGroup's forward-looking Employment Outlook Survey, gauging hiring
intentions among employers in 42 countries and territories for the second
quarter of 2013, is released next Tuesday. Full survey results will appear
ManpowerGroup™ (NYSE: MAN), the world leader in innovative workforce
solutions, creates and delivers high-impact solutions that enable our clients
to achieve their business goals and enhance their competitiveness. With over
60 years of experience, our $21 billion company creates unique time to value
through a comprehensive suite of innovative solutions that help clients win in
the Human Age. These solutions cover an entire range of talent-driven needs
from recruitment and assessment, training and development, and career
management, to outsourcing and workforce consulting. ManpowerGroup maintains
the world's largest and industry-leading network of 3,500 offices in 80
countries and territories, generating a dynamic mix of an unmatched global
footprint with valuable insight and local expertise to meet the needs of its
400,000 clients per year, across all industry sectors, small and medium-sized
enterprises, local, multinational and global companies. By connecting our deep
understanding of human potential to the ambitions of clients, ManpowerGroup
helps the organizations and individuals we serve achieve more than they
imagined – because their success leads to our success. And by creating these
powerful connections, we create power that drives organizations forward,
accelerates personal success and builds more sustainable communities. We help
power the world of work. The ManpowerGroup suite of solutions is offered
through ManpowerGroup™ Solutions, Manpower®, Experis™ and Right Management®.
Learn more about how ManpowerGroup can help you win in the Human Age at
ManpowerGroup is the only company in our industry to be named to the
Ethisphere Institute's World's Most Ethical Companies list for three
consecutive years, in recognition of its proven commitment to ethical business
practices, including an outstanding commitment to ethical leadership,
compliance practices and corporate social responsibility.
In January 2011, at the World Economic Forum Annual Meeting in Davos,
Switzerland, ManpowerGroup announced the world has entered the Human Age,
where talent has replaced capital as the key competitive differentiator. This
concept of talentism as the new capitalism continues to resonate, and was
echoed as a core theme of the 2012 Annual Meeting of the World Economic Forum
in Davos. Learn more about this new age at www.manpowergroup.com/humanage
Gain access to ManpowerGroup's extensive thought leadership papers, annual
Talent Shortage surveys and the Manpower Employment Outlook Survey, one of the
most trusted indices of employment activity in the world, via the
ManpowerGroup World of Work Insight iPad application. This thought leadership
app explores the challenges faced by employers navigating the changing world
of work and provides in-depth commentary, analysis, insight and advice on
strategies for success.
Follow ManpowerGroup Chairman and CEO Jeff Joerres on Twitter:
twitter.com/manpowergroupjj. Joerres is one of only 20 Fortune 500 CEOs who
leverages a Twitter account to get his message out.
Contact: Mark Jelfs, +1-414-906-6675, firstname.lastname@example.org or Marsha
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