ManpowerGroup Returns to Growth, Showing Stable Jobs Market

ManpowerGroup Inc. posted its first quarterly revenue gain since early 2022, an indication the global labor market is more resilient than thought.

The recruitment company’s stock went up as much as 2.4% in premarket trading Wednesday, before paring those gains. Its shares had fallen 34% this year through Wednesday’s close amidweak hiring activityglobally.

The company was among the Russell 3000 companies most shorted ahead of its report, Bloomberg data found.

“The stabilization of demand in recent quarters in North America and Europe, despite ongoing tariff uncertainty, has been a key factor in the revenue trend improvement,” ...