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Q2 2023 Mainland China EMPLOYMENT OUTLOOKS: Chinese Employment Outlook Shifts to Growth in Q2 Despite That Talent Shortage Remains High

2023-03-14

SHANGHAI 14th MARCH 2023 - ManpowerGroup Greater China launches its newest Employment Outlook Survey (hereinafter referred to as "MEOS")for Q2 2023. Data shows that Chinese employers expectations in the second quarter of 2023 shifts to growth. The survey was implemented in . With MEOS beginning in 1962, thisyear’s results mark the 61st consecutive year of the survey.

NOTES TO READERS

The methodology used to collect the data for the Employment Outlook hasbeen digitized in 41 markets from the Q1 2022 report. Respondents in prior quarters were contacted via telephone and data is now being collected online.Respondents are members of double opt-in online panels and are incentivized tocomplete the survey. In line with standard findings of online surveys, more people are now taking a position – selecting that their workforce will either increase or decrease vs. no change. Because the Net Employment Outlook is basedonly on the people saying increase or decrease, the result of this higher levelof engagement means the methodology shift may contribute to a higher Outlook.With a sample of 1,000 there is a margin of errorof +/-3%. The question asked and the respondent profile remains unchanged. The size of the organization and sector are standardized across all countries to allow international comparisons.

ABOUT THESURVEY

The survey data was collected in January 2023.The Employment Outlook Survey is the most comprehensive, forward-looking employment survey of its kind, used globally as a key economic indicator. The Net Employment Outlook is derived by taking the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of employers expecting a decrease in hiring activity.

ABOUT MANPOWERGROUPGREATER CHINA

ManpowerGroup Greater China Limited (Stock Code: 2180.HK) started its business in Hong Kong and Taiwan in 1997. Since that time, it has accelerated its market expansion and now provides services to its clients in over 240 cities in the Greater China markets and operates in more than 20 offices.ManpowerGroup Inc. (NYSE: MAN), our largest shareholder, is a world leader inworkforce solutions and services-- with a long operating history of more than 70 years.

Empowered by the world-wide reputation and global perspectives of ManpowerGroup Inc., ManpowerGroup Greater China has rooted its operations inlocal markets across Greater China for over 20 years. In 2015, ManpowerGroup Greater China Limited and CITICPE established a strategic joint venture headquartered in Shanghai, to penetrate and accelerate business in GreaterChina. Through our service network of over 240 cities, we offer comprehensive and full range workforce solutions to more than 20,000 companies in the GreaterChina Region. On July 10th, 2019, ManpowerGroup Greater China was listed on the Hong Kong Stock Exchange.

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