The Manpower Employment Outlook Survey (MEOS) for the Q4 2015 is based on responses from 2,101 UK employers and asks whether they intend to increase or reduce the size of their workforce in the coming quarter. The national Net Employment Outlook has fallen by two percentage points to +4%, the weakest result in three years. Visit our website for the full report http://manpowergroup.co.uk/meos or join the conversation on Twitter #MEOSUK.

1. 07 September 2015
Manpower Employment Outlook
Survey – Q4 2015

2. Manpower Employment Outlook Survey – Q4 2015
ManpowerGroup | 07 September 2015 2
MEOS Q4 2015 Summary
 The national Net Employment Outlook has fallen by two percentage points
to +4%, the weakest result in three years.
 Hiring in the North East (-2%) and North West (0%), and Yorkshire and
Humber (+3%) remain under the national average.
 The Outlook for Finance and Business Services fell for the fifth consecutive
quarter and now stands at +4%, its lowest level in three years.
 The capital’s Outlook is +8%, a one point fall on the quarter but well above
the national average.
 Public sector employers slipped into negative territory (-1%) while private
sector optimism remains on +5%.
 Construction has slipped back to +4% from +7% in the previous quarter, and
now stands at its weakest level for a year.

3. Manpower Employment Outlook Survey – Q4 2015
ManpowerGroup | 07 September 2015 3
2009 2010 2011 2012 2013 2014
-1
-3
-6
-5
-1
1 1 1 1
2 2
3
1
0
2 2
3
6 6
5
7
5
7 7 7
6 6 6
4
-8
-6
-4
-2
0
2
4
6
8
Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
National NEO
MEOS: Since Q4 2008
2015
Lowest optimism since the fourth quarter of 2012

4. Manpower Employment Outlook Survey – Q4 2015
ManpowerGroup | 07 September 2015 4
Size of company breakdown
 Companies of all sizes have positive hiring intentions; low levels of volatility
 Micro, medium and large business all down
 Small businesses record no change
18
10
8
4
6
15
8
8
2
4
Large
Medium
Small
Micro
National Q4 '15 Q3 '15 -2
-2
n/c
-2
-3
QoQ change

5. Manpower Employment Outlook Survey – Q4 2015
ManpowerGroup | 07 September 2015 5
Industry sector breakdown
2
7
6
4
6
7
7
8
6
6
2
4
4
4
5
6
6
7
9
4
Q4 '15 Q3 '15
QoQ change
-2
+3
-1
-1
-1
-1
n/c
-2
-3
n/c
National
Electricity, Gas & Water
Mining & Quarrying
Manufacturing
Agriculture, Forestry & Fishing
Public & Social
Wholesale & Retail, Hotels &
Restaurants
Finance & Business Services
Construction
Transport, Storage & Comms

6. Manpower Employment Outlook Survey – Q4 2015
ManpowerGroup | 07 September 2015 6
Public/private sector breakdown
 Public sector intentions have dropped six points from +5 to -1.
 In contrast, private sector hiring remains on +5.
2
5
5
6
-3
-1
5
4
4Q '15 3Q '15
-2
n/c
-5
+1
QoQ change
*Data not seasonally adjusted
National
Private
Public
Not for Profit*

7. Manpower Employment Outlook Survey – Q4 2015
ManpowerGroup | 07 September 2015 7
Regions and nations breakdown
9
7
5
-1
9
2
3
4
9
9
9
8
6
-2
0
0
0
2
2
3
6
8
10
11
12
4
4Q '15
Q3 '15
QoQ change
National
East
Wales
East Midlands
London
South East
Yorkshire & The Humber
Northern Ireland
South West
Scotland
West Midlands
North West
North East
n/c
+4
+2
+1
-1
-2
n/c
n/c
-7
+1
-5
-7
-11

8. Manpower Employment Outlook Survey – Q4 2015
ManpowerGroup | 07 September 2015 8
UK employment intention heat map: Q4 2015
0
-2
+2
0
+3
+11
0
+10
+6+2
+12
+8
+8