The Board of Directors of ManpowerGroup Inc. has declared a semi-annual dividend of 46 cents per share, an increase from the most recent dividend of 43 cents per share. The dividend is payable on June 14, 2013 to shareholders of record as of the close of business on June 3, 2013.

ManpowerGroup Inc. has been reducing employment to reduce costs amid falling earnings and revenue. An unspecified number of the job cuts have been taking place at the Milwaukee headquarters.

ManpowerGroup Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported revenues from services of $4,768.9 million compared to $5,096.4 million a year ago. Operating profit was $54.4 million compared to $93.8 million a year ago. Earnings before income taxes was $42.9 million compared to $82.0 million a year ago. Net earnings were $23.9 million or $0.31 per basic and diluted share compared to $40.2 million or $0.50 per basic and diluted share a year ago. Included in the first quarter results is a restructuring charge, primarily related to office consolidations and severance costs of $34.8 million ($25.3 million after tax or 32 cents per diluted share). Net earnings in the first quarter were negatively impacted by 1 cent per diluted share, as foreign currencies were slightly weaker compared to the prior year period. Cash used in operating activities was $62.3 million compared to $20.7 million a year ago. Capital expenditures were $12.8 million compared to $19.7 million a year ago. The company anticipated second quarter earnings per share will range between 84 cents to 92 cents before restructuring charges.