Jack McGinnis: And Jasper, just a technical item, I think your point that constant currency guidance is relatively flat compared to the minus-1% in Q4 to minus-1% in Q1, but there are more days. Days are a bigger issue than usual in the first quarter of ’23, so it’s about 1.5% difference due to the more days, so when you adjust for days, we are down sequentially, so that takes it down to about 2.5% on an overall basis. In Europe, in some of those markets, we are seeing–when you adjust for days, we are seeing a slight step down in France and in Italy, as we mentioned in the prepared remarks, so that’s just the only thing to keep in mind as you think about that.
Jasper Bibb: Appreciate the detail there. Thanks for taking the questions, guys.
Operator: Thank you. Our next question is from George Tong of Goldman Sachs. Your line is open.
George Tong: Hi, thanks. Good morning. You mentioned customers are exercising more caution in their demand for both contingent and perm recruitment. Can you compare how quickly contingent trends are changing relative to perm placement trends, particularly exiting the quarter?
Jonas Prising: You can see that we are still holding onto perm and that Manpower staffing is coming down quicker than perm, so it is connected to a very strong labor market and some of the volatility you see in certain industry verticals in some countries. Perm at this point is holding up better than contingent staffing, especially for Manpower.
George Tong: Great. You indicated that activity in France in January points to further softening from a growth perspective. Can you elaborate on what you’re seeing in France in terms of order flows, sales cycles, and various end market performance?
Jonas Prising: Well, I would say that we’re tracking well to market. You’ve seen some of the prism data soften over the last couple of months and then you saw it as well recently, so. France is continuing and actually is still holding steady, but at a low level. It is one of the countries, one of the few countries where we, as well as the industry never came back to pre-pandemic levels, so I would say the same phenomenon that we’re seeing in other markets where there is a slowdown, longer sales cycles, longer times to close recruitment cycles, but still an environment that is constructive to our higher value offerings, our higher skill sets within Manpower and also some very good opportunities in workforce transformation as it relates to Talent Solutions. All of this indicates a slight step down, as Jack talked about, but still something that is manageable from our perspective.
George Tong: Great, thank you.
Operator: Thank you. Our next question is from Heather Balsky of Bank of America. Your line is open.
Heather Balsky: Hi, thank you for taking my questions. I was hoping you could talk a little bit about Germany. You mentioned in the prepared remarks about some of the initiatives you’re taking there to turn that business. I was hoping you could elaborate on that. Then I’m curious about the underlying environment you’re seeing in that market. You didn’t call that out as one where you’re seeing some slowing, but just curious what you’re seeing in some of those end markets. Thanks.
