Manpower Inc.

2007 4

th

Quarter Results

New Face

New Place

February 1, 2008

Exhibit 99.2

2

Manpower

Inc.

2007

4

th

Quarter

Results

Forward Looking Statement

This presentation includes forward-looking statements which are

subject to risks and uncertainties. Actual results might differ

materially from those projected in the forward-looking statements.

Forward-looking statements can be identified by words such as

“expect,”

“plan,”

“may,”

“will,”

and similar expressions.  Additional

information concerning factors that could cause actual results to

materially differ from those in the forward-looking statements is

contained in the Company’s Annual Report on Form 10-K dated

December 31, 2006, which information is incorporated herein by

reference, and such other factors as may be described from time to

time in the Company’s SEC filings.

3

Manpower

Inc.

2007

4

th

Quarter

Results

Throughout this presentation, the difference between reported variances and Constant Currency (CC) variances

represents the impact of currency on our financial results. Constant Currency is further explained on our Web site.

Consolidated Financial Highlights

27% CC

Operating Profit

$223M

OP Margin

4.0%

Revenue

$5.6B

Gross Margin

18.6%

EPS from Continuing Operations

$1.63

20%

9% CC

26 bps

40 bps

42%

32%

18% CC

Q4 Highlights

(1)

(1)

Includes a favorable adjustment related to the French payroll tax change of $23.3M and charges related

to legal matters in France of $15.0M and JW reorganization of $4.0M (Net favorable impact $4.3M

before tax, unfavorable impact $2.3M after tax, or 3 cents per share).

(1)

(1)

4

Manpower

Inc.

2007

4

th

Quarter

Results

18.64%

18.38%

15%

16%

17%

18%

19%

Q4 2006

France -

Adjustment

to Payroll

Tax Change

Temporary

Recruitment

Permanent

Recruitment

Mix -

Specialty

Q4 2007

- 0.26%

+ 0.08%

+ 0.22%

+ 0.22%

Consolidated Gross Profit Margin Change

5

Manpower

Inc.

2007

4

th

Quarter

Results

United States Segment

(9% of Revenue)

Q4 Financial Highlights

8%

OUP Margin

3.8%

130 bps

Revenue

$488M

OUP

$18M

31%

Operating Unit Profit (OUP) is the measure that we use to evaluate segment

performance.

OUP

is

equal

to

segment

revenues

less

direct

costs

and

branch

and

national headquarters operating costs.

6

Manpower

Inc.

2007

4

th

Quarter

Results

France Segment

(33% of Revenue)

Q4 Financial Highlights

OUP Margin

4.4%

Revenue

$1.9B

OUP

$82M

18%

5% CC

50 bps

34%

20% CC

(1)

The adjustment related to the French payroll tax change and the

legal reserve are included above. 

These items have an $8.3M positive impact on OUP and a positive 50 bps impact on OUP margin.

(1)

(1)

7

Manpower

Inc.

2007

4

th

Quarter

Results

Other EMEA Segment

(35% of Revenue)

Q4 Financial Highlights

OUP Margin

4.6%

Revenue

$2.0B

OUP

$90M

33%

20% CC

20 bps

40%

25% CC

8

Manpower

Inc.

2007

4

th

Quarter

Results

41%

21%

38%

21%

-4%

11%

25%

14%

22%

38%

8%

34%

25%

49%

Other

Spain

Netherlands

Germany

UK - Manpower

Elan

Nordics

Other EMEA –

Q4 Revenue Growth YoY

Revenue

Growth

-

CC

Revenue Growth

% of Segment

Revenue

20%

18%

15%

10%

8%

7%

22%

9

Manpower

Inc.

2007

4

th

Quarter

Results

Italy Segment

(7% of Revenue)

Q4 Financial Highlights

OUP Margin

8.3%

Revenue

$405M

OUP

$34M

26%

12% CC

330 bps

108%

84% CC

10

Manpower

Inc.

2007

4

th

Quarter

Results

Jefferson Wells Segment

(1% of Revenue)

Q4 Financial Highlights

OUP Margin

-

6.8%

Revenue

$81M

OUP

$(6M)

1420 bps

4%

N/A

(1)

(1)

The impact of the reorganization

charge is included above.  The charge has a $4.0M negative impact

on OUP and a negative 490 bps impact on OUP margin.

11

Manpower

Inc.

2007

4

th

Quarter

Results

Right Management Segment

(2% of Revenue)

Q4 Financial Highlights

OUP Margin

10.5%

Revenue

$111M

OUP

$12M

13%

6% CC

1000 bps

N/A

N/A

12

Manpower

Inc.

2007

4

th

Quarter

Results

Other Operations Segment

(13% of Revenue)

Q4 Financial Highlights

OUP Margin

3.7%

Revenue

$721M

OUP

$27M

17%

10% CC

30 bps

28%

24% CC

13

Manpower

Inc.

2007

4

th

Quarter

Results

28%

19%

0%

4%

8%

15%

12%

5%

Other

Australia/NZ

Mexico

Japan

Other Operations –

Q4 Revenue Growth YoY

Revenue Growth -

CC

Revenue Growth

% of Segment

Revenue

34%

15%

14%

37%

14

Manpower

Inc.

2007

4

th

Quarter

Results

Financial Highlights

15

Manpower

Inc.

2007

4

th

Quarter

Results

-

-

$.18

-

+ $.18

+ $.10

Reported Q4 Results vs. Guidance

Reported

Guidance

Revenue

Growth

(Constant

Currency)

9.4%

8 -

10%

Operating Profit Margin

4.0%

3.7 –

3.9%

EPS

$1.63

$1.50 -

$1.54

Currency

+ $.17

French Legal Reserve (-$15.0M)

French Payroll Tax (+$23.3M)

EPS Details:

-

$.03

JW Reorganization Charge (-$4.0M)

-

16

Manpower

Inc.

2007

4

th

Quarter

Results

Total Debt

Net Debt

Balance Sheet Highlights

Total Debt

($ in millions)

Total Debt to

Total Capitalization

377

367

280

370

416

137

135

109

915

848

906

837

823

735

902

842

0

250

500

750

1,000

2003

2004

2005

2006

Q1

2007

Q2

2007

Q3

2007

Q4

2007

39%

29%

26%

25%

25%

26%

26%

24%

0%

10%

20%

30%

40%

2003

2004

2005

2006

Q1

2007

Q2

2007

Q3

2007

Q4

2007

17

Manpower

Inc.

2007

4

th

Quarter

Results

Proceeds from Sale of Business

Other

6

124

Change in Cash

(150)

233

-

15

* 6,147,400 shares in 2007 and 3,972,600 shares in 2006.  2007 excludes

$11.5M of cash paid in 2008 for shares repurchased in 2007.

Cash Flow Summary –

Full Year

2007

2006

Cash from Operations

433

359

Capital Expenditures

(92)

(80)

Free Cash Flow

341

279

Share Repurchases *

(419)

(236)

Change in Debt

(123)

2

($ in millions)

Proceeds from Equity Plans

40

62

Acquisitions of Businesses,

net of cash acquired

(13)

5

18

Manpower

Inc.

2007

4

th

Quarter

Results

First Quarter Outlook

Revenue

U.S.

Down 1%/Up 1%

France

Up

14-16%

(Up 2-4% CC)

Up

22-24%

Italy

(Up 9-11% CC)

Jefferson Wells

Right Management

Up 10-12%

(Up 4-6% CC)

Other

Up 12-14%

(Up 8-10% CC)

Total

Up 15-17%

(Up 7-9% CC)

Gross Profit Margin

17.7-17.9%

Operating Profit Margin

2.1-2.3%

Tax Rate from Continuing Operations

37.5%

EPS from Continuing Operations

$0.78-$0.82

(Pos.

$.08

Currency)

Down 1%/Up 1%

Other EMEA

(Up 14-16% CC)

Up

23-25%

19

Manpower

Inc.

2007

4

th

Quarter

Results

-

$.22

+ $.84

-

$.22

-

+ $1.05

Full-Year Results

2006

Variance

$      CC

Revenue

$ 20.5B

17%

EPS

–

Continuing Operations

Items impacting EPS:

$5.73

Reorg./cost initiatives

French payroll tax change

2007

$ 17.6B

9%

$3.48

65%

53%

-

-

$ .18

French legal reserve

-

$ .03

Manpower Inc.

2007 4

th

Quarter Results

Questions?

Answers

February 1, 2008