Manpower hints at social media change

Social networks are morphing into “commercial networks” for businesses and will transform the world of work with the profitable opportunities they hold for both individuals and prospective employers, according to Manpower Inc. (NYSE: MAN), a world leader in the employment services industry. Organizations can tap previously invisible and inaccessible pools of talent in the form of virtual workforces via the connective power of social media.
“Social networks are really a misnomer because they are turning into commercial entities and changing the way companies do business,” said Jeff Joerres, Manpower Inc. Chairman and CEO. “Groups of individuals who, in the past, could not participate in the traditional workforce for religious or cultural reasons, or because of disabilities can now work virtually through social networks. These untapped but highly-skilled workers are critical in the face of an aging global workforce and worsening talent mismatch.”
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