The Company is in the employment services industry. Its five major brands- Manpower, Manpower Professional, Elan, Jefferson Wells and Right Management provide a range of services for the entire employment and business cycle.
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quality it is
I have to disagree.
With respect to your notion that Manpower is quality, do a search on Google with reviews on Manpower.
It's also trading at a steep premium to its competitors.
As of June 26, 2009 close:
Trailing P/E (ttm, intraday): 23.54
Forward P/E (fye 31-Dec-10) 1: 35.80
This on top of their steep net income drop from their most recent quarter. There are countless competitors in the space that will eat away at Manpower's competitive edge.