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Stock impact report

Balancing financial stability and life experience [Advisor.ca (Canada)]

ManpowerGroup (MAN) 
Last manpowergroup earnings: 4/21 07:30 am Check Earnings Report
US:NYSE Investor Relations: investor.manpowergroup.com
Company Research Source: Advisor.ca
Katie Keir When creating financial plans, you leverage predictable facts about clients, such as their age and average income, to help with calculations. But that strategy may not work as well in the years to come, as labour and demographic trends shift. Various studies show millennials (generally considered those born between 1981 and 1996), in particular, are aiming for longer careers with more variety and gaps. A 2016 report from U.S.-based staffing firm ManpowerGroup found 84% of the 19,000 millennials surveyed worldwide expected to take breaks of four consecutive weeks or more during their careers. And millennials aren’t the only cohort driving change, says James McCreath, portfolio manager at BMO Nesbitt Burns in Calgary. A 2018 BMO report on the gig economy found that all client segments in Canada, from boomers to millennials, are increasingly choosing jobs with short or uncertain durations. Advisors don’t need to reinvent their planning approach, Mc Show less Read more
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