MANPOWER INC.

2008 2

QUARTER RESULTS

JULY 18, 2008

Exhibit 99.2

nd

2

Manpower Inc. 2008 2    Quarter Results

nd

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,

2007,

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. 2008 2    Quarter Results

nd

38% CC

Operating Profit

$207M

OP Margin

3.5%

Revenue

$5.9B

Gross Margin

19.5%

EPS $1.34

17%

5% CC

80 bps

200 bps

28%

25%

35% CC

Q2 Highlights

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

(1)

Excludes the impact of the French payroll tax change from both years, and the French legal

reserve in 2008.

As

Reported

9% CC

17%

5% CC

55 bps

0 bps

27%

17%

2% CC

Excluding

Non-recurring

Items

(1)

4

Manpower Inc. 2008 2    Quarter Results

nd

19.54%

20.34%

15%

17%

19%

21%

Q2 2007

Decrease in

Impact of

Payroll Tax

Changes

Temporary

Recruitment

Permanent

Recruitment

Mix -

Specialty

Q2 2008

- 0.20%

+ 0.47%

+ 0.28%

- 1.35%

Consolidated Gross Profit Margin Change

5

Manpower Inc. 2008 2    Quarter Results

nd

United States Segment

(8% of Revenue)

Q2 Financial Highlights

1%

OUP Margin

3.0%

230 bps

Revenue

$492M

OUP

$15M

43%

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.

(1)

The results above include the impact of acquisitions.  On an organic basis, revenue decreased 9%.

(1)

6

Manpower Inc. 2008 2    Quarter Results

nd

France Segment

(33% of Revenue)

Q2 Financial Highlights

OUP Margin

3.6%

Revenue

$2.0B

OUP

$70M

10%

5% CC

0 bps

9%

6% CC

(1)

Excludes the impact of the French payroll tax change from both years, and the French legal reserve in

2008.

As

Reported

10%

5% CC

560 bps

57%

63% CC

(1)

Excluding

Non-recurring

Items

7

Manpower Inc. 2008 2    Quarter Results

nd

Other EMEA Segment

(35% of Revenue)

Q2 Financial Highlights

OUP Margin

4.2%

Revenue

$2.1B

OUP

$85M

30%

18% CC

70 bps

53%

36% CC

(1)

(1)

The results above include the results of Vitae, which was acquired in April 2008.  On an organic basis,

revenue increased 27% in USD (15% in CC).

(1)

8

Manpower Inc. 2008 2    Quarter Results

nd

38%

25%

22%

-14%

31%

19%

10%

7%

42%

9%

0%

37%

52%

46%

Other

Spain

Netherlands

Germany

UK - Manpower

Elan

Nordics

Other EMEA –

Q2 Revenue Growth YoY

Revenue

Growth

-

CC

Revenue Growth

% of Segment

Revenue

20%

17%

13%

11%

10%

6%

23%

(1)

(1)

The

Netherlands

results

include

the

results

of

Vitae,

which

was

acquired

in

April

2008.

On

an

organic

basis,

revenue

increased

22%

in

USD

(5%

in

CC).

9

Manpower Inc. 2008 2    Quarter Results

nd

Italy Segment

(8% of Revenue)

Q2 Financial Highlights

OUP Margin

8.5%

Revenue

$441M

OUP

$38M

25%

8% CC

30 bps

29%

12% CC

10

Manpower Inc. 2008 2    Quarter Results

nd

Jefferson Wells Segment

(1% of Revenue)

Q2 Financial Highlights

OUP Margin

-

2.2%

Revenue

$76M

OUP

$(2M)

350 bps

10%

N/A

11

Manpower Inc. 2008 2    Quarter Results

nd

21%

16% CC

Right Management Segment

(2% of Revenue)

Q2 Financial Highlights

OUP Margin

11.5%

Revenue

$116M

OUP

$13M

9%

4% CC

110 bps

12

Manpower Inc. 2008 2    Quarter Results

nd

Other Operations Segment

(13% of Revenue)

Q2 Financial Highlights

OUP Margin

2.1%

Revenue

$772M

OUP

$17M

21%

10% CC

30 bps

9%

5% CC

13

Manpower Inc. 2008 2    Quarter Results

nd

29%

19%

10%

-1%

5%

15%

21%

12%

Other

Mexico

Australia/NZ

Japan

Other Operations –

Q2 Revenue Growth YoY

Revenue

Growth

-

CC

Revenue Growth

% of Segment

Revenue

34%

15%

14%

37%

14

Manpower Inc. 2008 2    Quarter Results

nd

Financial Highlights

15

Manpower Inc. 2008 2    Quarter Results

nd

2007

French

French

Payroll Tax

French

Payroll Tax

Change -

Legal

Change -

2005

Reserve

Total

2006-2007

Gross profit

53.7

$     

53.7

$     

114.0

$   

S&A expenses

(54.1)

(54.1)

14.7

Operating profit

53.7

(54.1)

(0.4)

99.3

Net earnings

35.2

(50.0)

(14.8)

57.2

Net earnings

per share - diluted

0.44

$     

(0.62)

$    

(0.18)

$    

0.66

$     

2008

Q2 Non-recurring Items

($ in millions, except per share amounts)

16

Manpower Inc. 2008 2    Quarter Results

nd

29%

26%

25%

26%

26%

26%

0%

10%

20%

30%

2004

2005

2006

2007

Q1 2008

Q2 2008

358

377

453

370

280

135

902

735

823

915

999

1,014

0

300

600

900

1,200

2004

2005

2006

2007

Q1 2008

Q2 2008

Balance Sheet Highlights

Total Debt

($ in millions)

Total Debt to

Total Capitalization

Total Debt

Net Debt

17

Manpower Inc. 2008 2    Quarter Results

nd

Other

21

Change in Cash

24

23

(10)

* 752,300 shares in 2008 and 1,214,800 shares in 2007. $11.5M of cash

paid in 2008 was for shares repurchased in 2007.

Cash Flow Summary –

First Half

2008

2007

Cash from Operations

264

141

Capital Expenditures

(51)

(41)

Free Cash Flow

213

100

Share Repurchases *

(53)

(89)

Change in Debt

(194)

3

($ in millions)

Proceeds from Equity Plans

11

37

Acquisitions of Businesses,

net of cash acquired

(18)  

26

18

Manpower Inc. 2008 2    Quarter Results

nd

Third Quarter Outlook

Revenue

U.S.

Up 7-9%

France

Up

4-6%

(Down 7-9% CC)

Up

21-23%

Italy

(Up 6-8% CC)

Jefferson Wells

Right Management

Up 8-10%

(Up 3-5% CC)

Other

Up 17-19%

(Up 5-7% CC)

Total

Up 13-15%

(Up 2-4% CC)

Gross Profit Margin

18.3-18.5%

Operating Profit Margin

3.2-3.4%

Tax Rate

36.0%

EPS

$1.45-$1.49

(Pos.

$.17

Currency)

Down 9-11%

Other EMEA

(Up 11-13% CC)

Up

22-24%

Manpower Inc.

2008 2

nd

Quarter Results

Questions?

Answers

July 18, 2008