Jeffrey Joerres
Jeffrey Joerres
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Full Name and Common Aliases
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Jeffrey J. Joerres is the former President and Chief Executive Officer of ManpowerGroup, a global employment services company.
Birth and Death Dates
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Born: December 5, 1957 (age 65) - Death Date Not Available
Nationality and Profession(s)
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Nationality: American
Profession: Business Executive, CEO, Chairman of the Board
Early Life and Background
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Jeffrey Joerres was born in Milwaukee, Wisconsin. He earned his Bachelor's degree from Marquette University and later received an MBA from the University of Wisconsin-Milwaukee.
Joerres began his career at ManpowerGroup as a management trainee in 1981 and rose through the ranks to become CEO in 2002. During his tenure, he led the company's growth into a global organization with operations in over 80 countries.
Major Accomplishments
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Under Joerres' leadership, ManpowerGroup achieved significant milestones:
The company expanded its services beyond temporary and contract staffing to include permanent placement and recruitment process outsourcing.
Joerres oversaw the acquisition of several businesses, including Brookfield Professionals, Inc. (now part of ManpowerGroup) and Jefferson Wells Companies.
He successfully navigated the company through economic downturns, maintaining revenue growth during challenging times.Notable Works or Actions
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Joerres has made notable contributions to his industry:
He served as Chairman of the National Restaurant Association from 2007 to 2008.
Joerres was a member of the Economic Development Committee for the State of Wisconsin.
He received the National Human Resources Award from the Society for Human Resource Management (SHRM).
Impact and Legacy
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Jeffrey Joerres' impact on the employment services industry is evident in ManpowerGroup's continued growth and success:
The company has been recognized as one of the World's Most Ethical Companies by Ethisphere Institute.
Under his leadership, ManpowerGroup expanded its commitment to workforce development, launching initiatives such as Workforce Solutions Group (WSG) and Jefferson Wells.
Why They Are Widely Quoted or Remembered
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Jeffrey Joerres is widely quoted and remembered for his expertise in the employment services industry:
He has been featured in prominent publications like Forbes, Bloomberg Businessweek, and The Wall Street Journal.
Joerres' insights on workforce trends and global economic issues are sought after by media outlets.
As a seasoned executive with over 30 years of experience, Jeffrey Joerres continues to be a respected voice in the industry. His leadership and vision have shaped ManpowerGroup into a global leader in employment services.
Quotes by Jeffrey Joerres
This is all about competition. Everybody has had margins squeezed, everybody has global pressures and as a result they have to be much more efficient, much more exacting.
German employers are saying they will begin to add employees again, albeit modestly, and hiring activity in Japan should be vigorous, beyond what we normally see in the second quarter -- their peak hiring season. Chinese employers say they will reduce their hiring activity compared to last year at this time, while U.S. employers expect to add to their payrolls at a continued steady pace.
The labor markets in North America have been incredibly stable and, as is so often the case, the Mexican labor market is moving in tandem with its northern neighbor. There is notable optimism amongst employers in the construction sector in both the US and Mexico, where job seekers should find favorable conditions.
There's also the practicality that people are needed to do the work, but I'm not sure whether the third quarter gives us the proverbial hockey stick, ... What our guidance would tell you is we're not seeing that as going to happen in the third quarter.
There seems to be momentum building. The question is whether it's strong enough to carry through to the first and second quarter of 2004.
There seems to be traction in the labor market, which will make it slightly easier for people to find a job. But we're still in a marketplace where people need to search for a good job.
This indicates that employers are hiring on an as-needed basis, but are still not ready to staff up until demand for their business truly requires it,
Companies are as optimistic as they have been for the last five quarters over which we've seen job gains. Hiring intentions are holding at a high level.
Compared to the first three months of the year, hiring intentions in Europe are decidedly improved. However, Italy continues to lag behind.
The survey results combined with the drop in the unemployment rate indicate that the traditional labor supply is essentially exhausted.