ManpowerGroup (MAN) 10-Q 2008 Q2 Quarterly report

Exhibit 12.1

STATEMENT REGARDING COMPUTATION

OF RATIO OF EARNINGS TO FIXED CHARGES

MANPOWER INC.

(in millions)

	6 Months Ended June 30, 2008
Earnings:
Earnings before income taxes	$	314.1
Fixed charges		102.6
	$	416.7
Fixed charges:
Interest (expensed or capitalized)	$	33.2
Estimated interest portion of rent expense		69.4
	$	102.6
Ratio of earnings to fixed charges		4.1

	Years Ended December 31,
	2007		2006		2005		2004		2003
Earnings:
Earnings before income taxes	$	791.2	$	481.9	$	387.0	$	371.6	$	223.3
Fixed charges		185.2		162.8		153.2		153.0		124.4
	$	976.4	$	644.7	$	540.2	$	524.6	$	347.7
Fixed charges:
Interest (expensed or capitalized)	$	65.0	$	54.1	$	46.7	$	45.3	$	41.2
Estimated interest portion of rent expense		120.2		108.7		106.5		107.7		83.2
	$	185.2	$	162.8	$	153.2	$	153.0	$	124.4
Ratio of earnings to fixed charges		5.3		4.0		3.5		3.4		2.8

Note: The calculation of ratio of earnings to fixed charges set forth above is in accordance with Regulation S-K, Item 601(b)(12). This calculation is different than the fixed charge ratio that is required by our various borrowing facilities.