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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): August 8, 2012

		KELLY SERVICES, INC.
	(Exact name of Registrant as specified in its charter)

DELAWARE		0-1088	38-1510762
(State or other jurisdiction of incorporation)		(Commission File Number)	(IRS Employer Identification Number)

	999 WEST BIG BEAVER ROAD, TROY, MICHIGAN 48084
		(Address of principal executive offices)
		(Zip Code)

		(248) 362-4444
		(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02. Results of Operations and Financial Condition

Kelly Services, Inc. (the “Company”) today released financial information containing highlighted financial data for the three months and six months ended July 1, 2012. A copy of the press release is attached as exhibit 99.1 herein.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

99.1 Press Release dated August 8, 2012.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

		KELLY SERVICES, INC.

Date: August 8, 2012


		/s/ Patricia Little
		Patricia Little Executive Vice President and Chief Financial Officer (Principal Financial Officer)


Date: August 8, 2012

		/s/ Michael E. Debs
		Michael E. Debs

		Senior Vice President and Chief Accounting Officer (Principal Accounting Officer)

EXHIBIT INDEX

Exhibit No.	Description

99.1	Press release dated August 8, 2012

ex99-1.htm

Exhibit 99.1

KELLY SERVICES® REPORTS 2nd QUARTER 2012 RESULTS

TROY, MI (August 8, 2012) -- Kelly Services, Inc. (NASDAQ: KELYA) (NASDAQ: KELYB), a leader in providing workforce solutions, today announced results for the second quarter of 2012.

Carl T. Camden, President and Chief Executive Officer, announced revenue for the second quarter of 2012 totaled $1.4 billion, a 3% decrease compared to the corresponding quarter of 2011.

Earnings from operations for the second quarter of 2012 totaled $23.8 million, compared to $21.3 million reported for the second quarter of 2011. Included in the results from operations for the second quarter of 2012 is a benefit due to changes in the estimated cost of restructuring of $2.2 million. The results from operations in the second quarter of 2011 also included a benefit due to changes in the estimated cost of restructuring of $0.6 million. Excluding the adjustments to restructuring charges, earnings from operations were $21.6 million in the second quarter of 2012 compared to $20.7 million in 2011.

Diluted earnings per share from continuing operations in the second quarter of 2012 were $0.40 compared to $0.53 per share in the second quarter of 2011. The benefit from adjustments to restructuring costs was $0.06 per share in the second quarter of 2012 and $0.02 per share in the second quarter of 2011.

Commenting on the second quarter results, Camden stated, “Despite tepid economic growth in the US and recessionary conditions across much of Europe, Kelly made positive strides in the second quarter. We increased our GP, improved our operating profit, and kept a tight lid on expenses—all while delivering solid, sustained growth in OCG and our higher-margin staffing businesses.”

Kelly also reported that on August 7, its board of directors declared a dividend of $0.05 per share. The dividend is payable September 6, 2012 to shareholders of record as of the close of business on August 17, 2012.

In conjunction with its second quarter earnings release, Kelly Services, Inc. will host a conference call at 9:00 a.m. (ET) on August 8, to review the results and answer questions. The call may be accessed in one of the following ways:

Via the Telephone:

U.S. 1 800 288-9626

International 1 651 291-5254

The pass code is Kelly Services

Via the Internet:

The call is also available via the internet through the Kelly Services website:

www.kellyservices.com

This release contains statements that are forward looking in nature and accordingly, are subject to risks and uncertainties. These factors include, but are not limited to, competitive market pressures including pricing, changing market and economic conditions, our ability to achieve our business strategy, including our ability to successfully expand into new markets and service lines, material changes in demand from or loss of large corporate customers, impairment charges triggered by adverse industry or market developments, unexpected termination of customer contracts, availability of temporary workers with appropriate skills required by customers, liabilities for employment-related claims and losses, including class action lawsuits and collective actions, liability for improper disclosure of sensitive or private employee information, unexpected changes in claim trends on workers’ compensation and benefit plans, our ability to maintain specified financial covenants in our bank facilities, our ability to access credit markets and continued availability of financing for funding working capital, our ability to sustain critical business applications through our key data centers, our ability to effectively implement and manage our information technology programs, our ability to retain the services of our senior management, local management and field personnel, the impact of changes in laws and regulations (including federal, state and international tax laws and the expiration of the U.S. work opportunity credit program), the net financial impact of the Patient Protection and Affordable Care Act on our business, risks associated with conducting business in foreign countries, including foreign currency fluctuations, and other risks, uncertainties and factors discussed in this release and in the Company’s filings with the Securities and Exchange Commission. Actual results may differ materially from any forward looking statements contained herein, and we have no intention to update these statements.

About Kelly Services®

Kelly Services, Inc. (NASDAQ: KELYA, KELYB) is a leader in providing workforce solutions. Kelly® offers a comprehensive array of outsourcing and consulting services as well as world-class staffing on a temporary, temporary-to-hire and direct-hire basis. Serving clients around the globe, Kelly provides employment to more than 550,000 employees annually. Revenue in 2011 was $5.6 billion. Visit www.kellyservices.com and connect with us on Facebook, LinkedIn, & Twitter. Click to download The Talent Project, our free iPad app.

# # #

ANALYST CONTACT:	MEDIA CONTACT:
James Polehna (248) 244-4586 james_polehna@kellyservices.com	Jane Stehney (248) 244-5630 jane_stehney@kellyservices.com

KELLY SERVICES, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF EARNINGS

FOR THE 13 WEEKS ENDED JULY 1, 2012 AND JULY 3, 2011

(UNAUDITED)

(In millions of dollars except per share data)

	2012			2011			Change				% Change

Revenue from services	$	1,366.1		$	1,405.8		$	(39.7	)			(2.8	)%

Cost of services		1,142.9			1,183.7			(40.8	)			(3.4	)

Gross profit		223.2			222.1			1.1				0.5

Selling, general and administrative expenses		199.4			200.8			(1.4	)			(0.7	)

Earnings from operations		23.8			21.3			2.5				12.0

Other expense, net		(0.5	)		(0.7	)		0.2				21.4

Earnings from continuing operations before taxes		23.3			20.6			2.7				13.0

Income taxes		8.3			0.6			7.7			NM

Earnings from continuing operations		15.0			20.0			(5.0	)			(24.6	)

Earnings (loss) from discontinued operations, net of tax		-			(1.2	)		1.2			NM

Net earnings	$	15.0		$	18.8		$	(3.8	)			(19.9	)%

Basic earnings per share on common stock
Earnings from continuing operations	$	0.40		$	0.53		$	(0.13	)			(24.5	)%
Earnings (loss) from discontinued operations		-			(0.03	)		0.03			NM
Net earnings		0.40			0.50			(0.10	)			(20.0	)

Diluted earnings per share on common stock
Earnings from continuing operations	$	0.40		$	0.53		$	(0.13	)			(24.5	)%
Earnings (loss) from discontinued operations		-			(0.03	)		0.03			NM
Net earnings		0.40			0.50			(0.10	)			(20.0	)


STATISTICS:

Gross profit rate		16.3	%		15.8	%	0.5			pts.

Selling, general and administrative expenses:
% of revenue		14.6			14.3			0.3
% of gross profit		89.4			90.5			(1.1	)

% Return:
Earnings from operations		1.7			1.5			0.2
Earnings from continuing operations before taxes		1.7			1.5			0.2
Earnings from continuing operations		1.1			1.4			(0.3	)
Net earnings		1.1			1.3			(0.2	)

Effective income tax rate		35.5	%		3.3	%	32.2			pts.

Average number of shares outstanding
(millions):
Basic		37.0			36.8
Diluted		37.0			36.8

Shares adjusted for nonvested restricted awards
(millions):
Basic		37.8			37.4
Diluted		37.8			37.4

KELLY SERVICES, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF EARNINGS

FOR THE 26 WEEKS ENDED JULY 1, 2012 AND JULY 3, 2011

(UNAUDITED)

(In millions of dollars except per share data)

	2012			2011			Change				% Change

Revenue from services	$	2,720.9		$	2,744.9		$	(24.0	)			(0.9	)%

Cost of services		2,274.0			2,311.6			(37.6	)			(1.6	)

Gross profit		446.9			433.3			13.6				3.1

Selling, general and administrative expenses		408.4			410.4			(2.0	)			(0.5	)

Earnings from operations		38.5			22.9			15.6				68.3

Other expense, net		(1.1	)		(1.1	)		-				(2.8	)

Earnings from continuing operations before taxes		37.4			21.8			15.6				71.5

Income taxes		13.2			0.7			12.5			NM

Earnings from continuing operations		24.2			21.1			3.1				15.0

Earnings (loss) from discontinued operations, net of tax		0.4			(1.2	)		1.6			NM

Net earnings	$	24.6		$	19.9		$	4.7				24.0	%

Basic earnings per share on common stock
Earnings from continuing operations	$	0.64		$	0.56		$	0.08				14.3	%
Earnings (loss) from discontinued operations		0.01			(0.03	)		0.04			NM
Net earnings		0.65			0.53			0.12				22.6

Diluted earnings per share on common stock
Earnings from continuing operations	$	0.64		$	0.56		$	0.08				14.3	%
Earnings (loss) from discontinued operations		0.01			(0.03	)		0.04			NM
Net earnings		0.65			0.53			0.12				22.6


STATISTICS:

Gross profit rate		16.4	%		15.8	%		0.6		pts.

Selling, general and administrative expenses:
% of revenue		15.0			15.0			0.0
% of gross profit		91.4			94.7			(3.3	)

% Return:
Earnings from operations		1.4			0.8			0.6
Earnings from continuing operations before taxes		1.4			0.8			0.6
Earnings from continuing operations		0.9			0.8			0.1
Net earnings		0.9			0.7			0.2

Effective income tax rate		35.2	%		3.4	%		31.8		pts.

Average number of shares outstanding
(millions):
Basic		36.9			36.7
Diluted		37.0			36.7

Shares adjusted for nonvested restricted awards
(millions):
Basic		37.8			37.4
Diluted		37.8			37.4

KELLY SERVICES, INC. AND SUBSIDIARIES

RESULTS OF OPERATIONS BY SEGMENT

(UNAUDITED)

(In millions of dollars)

	Second Quarter
	2012			2011			Change				Constant Currency Change
Americas Commercial
Revenue from services (including fee-based income)	$	668.6		$	670.3			(0.3	) %			1.0	%
Fee-based income		4.2			2.8			48.9				54.2
Gross profit		97.7			93.3			4.7				6.0

Gross profit rate		14.6	%		13.9	%		0.7		pts.

Americas PT
Revenue from services (including fee-based income)	$	262.4		$	247.7			5.9	%			6.2	%
Fee-based income		4.2			3.7			13.3				13.5
Gross profit		39.7			35.9			10.4				10.7

Gross profit rate		15.1	%		14.5	%		0.6		pts.

Total Americas
Revenue from services (including fee-based income)	$	931.0		$	918.0			1.4	%			2.4	%
Fee-based income		8.4			6.5			28.7				31.1
Gross profit		137.4			129.2			6.3				7.3
Total SG&A expenses		99.0			95.8			3.3				4.5
Earnings from operations		38.4			33.4			14.7

Gross profit rate		14.8	%		14.1	%		0.7		pts.
Expense rates:
% of revenue		10.6			10.4			0.2
% of gross profit		72.0			74.1			(2.1	)
Operating margin		4.1			3.6			0.5

EMEA Commercial
Revenue from services (including fee-based income)	$	213.7		$	258.8			(17.4	) %			(9.1	) %
Fee-based income		6.2			6.6			(6.6	)			3.4
Gross profit		34.2			42.3			(19.1	)			(10.6	)

Gross profit rate		16.0	%		16.3	%		(0.3	)	pts.

EMEA PT
Revenue from services (including fee-based income)	$	41.6		$	45.8			(9.1	) %			0.1	%
Fee-based income		4.4			5.3			(16.0	)			(7.8	)
Gross profit		10.9			12.4			(12.1	)			(3.2	)

Gross profit rate		26.1	%		27.0	%		(0.9	)	pts.

Total EMEA
Revenue from services (including fee-based income)	$	255.3		$	304.6			(16.2	) %			(7.7	) %
Fee-based income		10.6			11.9			(10.7	)			(1.5	)
Gross profit		45.1			54.7			(17.5	)			(8.9	)
SG&A expenses excluding restructuring charges		41.9			47.3			(11.4	)
Restructuring charges		(2.2	)		(0.6	)		268.8
Total SG&A expenses		39.7			46.7			(14.9	)			(6.2	)
Earnings from operations		5.4			8.0			(32.9	)
Earnings from operations excluding restructuring charges		3.2			7.4			(57.0	)

Gross profit rate		17.6	%		17.9	%		(0.3	)	pts.
Expense rates (excluding restructuring charges):
% of revenue		16.4			15.5			0.9
% of gross profit		93.0			86.6			6.4
Operating margin (excluding restructuring charges)		1.2			2.4			(1.2	)

KELLY SERVICES, INC. AND SUBSIDIARIES

RESULTS OF OPERATIONS BY SEGMENT

(UNAUDITED)

(In millions of dollars)

	Second Quarter
	2012			2011			Change				Constant Currency Change
APAC Commercial
Revenue from services (including fee-based income)	$	84.3		$	102.3			(17.6	) %			(14.1	) %
Fee-based income		3.0			3.7			(14.3	)			(8.6	)
Gross profit		12.5			14.3			(12.2	)			(8.2	)

Gross profit rate		14.9	%		13.9	%		1.0		pts.

APAC PT
Revenue from services (including fee-based income)	$	12.8		$	13.5			(5.4	) %			(1.6	) %
Fee-based income		4.1			4.2			(2.0	)			(0.4	)
Gross profit		5.3			5.6			(4.5	)			(2.2	)

Gross profit rate		41.7	%		41.3	%		0.4		pts.

Total APAC
Revenue from services (including fee-based income)	$	97.1		$	115.8			(16.2	) %			(12.7	) %
Fee-based income		7.1			7.9			(7.7	)			(4.2	)
Gross profit		17.8			19.9			(10.0	)			(6.5	)
Total SG&A expenses		19.0			20.3			(6.4	)			(2.6	)
Earnings from operations		(1.2	)		(0.4	)		(143.0	)

Gross profit rate		18.4	%		17.1	%		1.3		pts.
Expense rates:
% of revenue		19.6			17.5			2.1
% of gross profit		106.6			102.4			4.2
Operating margin		(1.2	)		(0.4	)		(0.8	)

OCG
Revenue from services (including fee-based income)	$	91.4		$	74.0			23.4	%			25.0	%
Fee-based income		12.8			9.5			35.2				39.1
Gross profit		23.7			19.0			24.4				27.2
Total SG&A expenses		22.8			19.8			14.8				17.9
Earnings from operations		0.9			(0.8	)	NM

Gross profit rate		25.9	%		25.7	%		0.2		pts.
Expense rates:
% of revenue		25.0			26.8			(1.8	)
% of gross profit		96.5			104.5			(8.0	)
Operating margin		0.9			(1.2	)		2.1

KELLY SERVICES, INC. AND SUBSIDIARIES

RESULTS OF OPERATIONS BY SEGMENT

(UNAUDITED)

(In millions of dollars)

	June Year to Date
	2012			2011			Change				Constant Currency Change
Americas Commercial
Revenue from services (including fee-based income)	$	1,337.9		$	1,323.6			1.1	%			2.0	%
Fee-based income		7.7			5.6			36.9				40.1
Gross profit		195.7			185.3			5.5				6.5

Gross profit rate		14.6	%		14.0	%		0.6		pts.

Americas PT
Revenue from services (including fee-based income)	$	512.5		$	488.3			5.0	%			5.2	%
Fee-based income		7.6			6.5			17.7				17.8
Gross profit		79.9			71.9			11.0				11.2

Gross profit rate		15.6	%		14.7	%		0.9		pts.

Total Americas
Revenue from services (including fee-based income)	$	1,850.4		$	1,811.9			2.1	%			2.9	%
Fee-based income		15.3			12.1			26.6				28.2
Gross profit		275.6			257.2			7.1				7.8
Total SG&A expenses		201.9			198.6			1.6				2.4
Earnings from operations		73.7			58.6			25.5

Gross profit rate		14.9	%		14.2	%		0.7		pts.
Expense rates:
% of revenue		10.9			11.0			(0.1	)
% of gross profit		73.3			77.2			(3.9	)
Operating margin		4.0			3.2			0.8

EMEA Commercial
Revenue from services (including fee-based income)	$	426.7		$	490.3			(13.0	) %			(7.5	) %
Fee-based income		12.3			12.4			(0.7	)			6.1
Gross profit		67.7			79.5			(14.8	)			(9.2	)

Gross profit rate		15.9	%		16.2	%		(0.3	)	pts.

EMEA PT
Revenue from services (including fee-based income)	$	83.8		$	87.2			(3.8	) %			2.3	%
Fee-based income		9.0			9.7			(6.9	)			(1.2	)
Gross profit		22.2			23.4			(5.1	)			0.9

Gross profit rate		26.4	%		26.8	%		(0.4	)	pts.

Total EMEA
Revenue from services (including fee-based income)	$	510.5		$	577.5			(11.6	) %			(6.0	) %
Fee-based income		21.3			22.1			(3.4	)			2.9
Gross profit		89.9			102.9			(12.6	)			(6.9	)
SG&A expenses excluding restructuring charges		86.4			93.2			(7.4	)
Restructuring charges		(2.2	)		3.4			(164.1	)
Total SG&A expenses		84.2			96.6			(12.9	)			(7.6	)
Earnings from operations		5.7			6.3			(8.8	)
Earnings from operations excluding restructuring charges		3.5			9.7			(63.2	)

Gross profit rate		17.6	%		17.8	%		(0.2	)	pts.
Expense rates (excluding restructuring charges):
% of revenue		16.9			16.1			0.8
% of gross profit		96.1			90.7			5.4
Operating margin (excluding restructuring charges)		0.7			1.7			(1.0	)

KELLY SERVICES, INC. AND SUBSIDIARIES

RESULTS OF OPERATIONS BY SEGMENT

(UNAUDITED)

(In millions of dollars)

	June Year to Date
	2012			2011			Change				Constant Currency Change
APAC Commercial
Revenue from services (including fee-based income)	$	172.6		$	202.0			(14.5	) %			(13.5	) %
Fee-based income		6.4			7.2			(9.7	)			(7.4	)
Gross profit		25.6			27.8			(7.8	)			(6.8	)

Gross profit rate		14.8	%		13.7	%		1.1		pts.

APAC PT
Revenue from services (including fee-based income)	$	25.6		$	25.0			2.6	%			3.9	%
Fee-based income		8.1			8.0			0.8				0.5
Gross profit		10.5			10.6			(0.5	)			(0.4	)

Gross profit rate		41.1	%		42.4	%		(1.3	)	pts.

Total APAC
Revenue from services (including fee-based income)	$	198.2		$	227.0			(12.6	) %			(11.6	) %
Fee-based income		14.5			15.2			(4.2	)			(3.2	)
Gross profit		36.1			38.4			(5.8	)			(5.1	)
Total SG&A expenses		38.7			39.3			(1.7	)			(0.9	)
Earnings from operations		(2.6	)		(0.9	)		(151.2	)

Gross profit rate		18.2	%		16.9	%		1.3		pts.
Expense rates:
% of revenue		19.5			17.3			2.2
% of gross profit		107.1			102.7			4.4
Operating margin		(1.3	)		(0.4	)		(0.9	)

OCG
Revenue from services (including fee-based income)	$	178.1		$	142.2			25.2	%			26.2	%
Fee-based income		24.4			18.2			34.4				36.7
Gross profit		46.8			36.0			29.7				31.5
Total SG&A expenses		45.4			39.2			15.6				17.4
Earnings from operations		1.4			(3.2	)	NM

Gross profit rate		26.3	%		25.4	%		0.9		pts.
Expense rates:
% of revenue		25.5			27.6			(2.1	)
% of gross profit		97.1			109.0			(11.9	)
Operating margin		0.7			(2.3	)		3.0

KELLY SERVICES, INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

(UNAUDITED)

(In millions of dollars)

	July 1, 2012			January 1, 2012			July 3, 2011
Current Assets
Cash and equivalents	$	65.2		$	81.0		$	80.5
Trade accounts receivable, less allowances of $11.8, $13.4 and $13.6, respectively		985.0			944.9			929.8
Prepaid expenses and other current assets		57.9			50.6			74.1
Deferred taxes		33.4			38.2			20.6
Total current assets		1,141.5			1,114.7			1,105.0
Property and Equipment, Net		90.3			90.6			96.2
Noncurrent Deferred Taxes		93.4			94.1			84.1
Goodwill, Net		91.4			90.2			67.3
Other Assets		168.4			152.1			156.4
Total Assets	$	1,585.0		$	1,541.7		$	1,509.0
Current Liabilities
Short-term borrowings	$	88.5		$	96.3		$	89.0
Accounts payable and accrued liabilities		269.5			237.2			222.9
Accrued payroll and related taxes		253.7			271.4			278.0
Accrued insurance		30.3			31.5			31.9
Income and other taxes		56.5			61.3			70.7
Total current liabilities		698.5			697.7			692.5
Noncurrent Liabilities
Accrued insurance		51.4			53.5			54.6
Accrued retirement benefits		102.8			91.1			91.0
Other long-term liabilities		24.0			23.7			13.7
Total noncurrent liabilities		178.2			168.3			159.3
Stockholders' Equity
Common stock		40.1			40.1			40.1
Treasury stock		(63.2	)		(66.9	)		(68.7	)
Paid-in capital		27.4			28.8			28.0
Earnings invested in the business		678.3			657.5			617.5
Accumulated other comprehensive income		25.7			16.2			40.3
Total stockholders' equity		708.3			675.7			657.2
Total Liabilities and Stockholders' Equity	$	1,585.0		$	1,541.7		$	1,509.0

STATISTICS:
Working Capital	$	443.0		$	417.0		$	412.5
Current Ratio		1.6			1.6			1.6
Debt-to-capital %		11.1	%		12.5	%		11.9	%
Global Days Sales Outstanding		53			52			52

KELLY SERVICES, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

FOR THE 26 WEEKS ENDED JULY 1, 2012 AND JULY 3, 2011

(UNAUDITED)

(In millions of dollars)

	2012			2011

Cash flows from operating activities
Net earnings	$	24.6		$	19.9
Noncash adjustments:
Depreciation and amortization		11.6			16.3
Provision for bad debts		0.6			2.2
Stock-based compensation		2.1			1.9
Other, net		-			(0.1	)
Changes in operating assets and liabilities		(33.0	)		(47.0	)

Net cash from operating activities		5.9			(6.8	)

Cash flows from investing activities
Capital expenditures		(9.8	)		(6.3	)
Other investing activities		-			0.9

Net cash from investing activities		(9.8	)		(5.4	)

Cash flows from financing activities
Net change in short-term borrowings		(7.8	)		71.9
Repayment of debt		-			(62.9	)
Dividend payments		(3.8	)		-
Other financing activities		-			(1.1	)

Net cash from financing activities		(11.6	)		7.9

Effect of exchange rates on cash and equivalents		(0.3	)		4.3

Net change in cash and equivalents		(15.8	)		0.0
Cash and equivalents at beginning of period		81.0			80.5


Cash and equivalents at end of period	$	65.2		$	80.5

KELLY SERVICES, INC. AND SUBSIDIARIES

REVENUE FROM SERVICES

(UNAUDITED)

(In millions of dollars)

	Second Quarter (Commercial, PT and OCG)
					% Change
	2012		2011		US$			Constant Currency

Americas
United States	$	874.4	$	863.3		1.3	%		1.3	%
Canada		62.0		61.4		0.8			5.2
Puerto Rico		25.9		24.1		7.7			7.7
Mexico		25.8		27.6		(6.4	)		8.2
Brazil		14.4		-	NM			NM
Total Americas		1,002.5		976.4		2.7			3.6

EMEA
France		61.1		78.1		(21.7	)		(12.1	)
Switzerland		59.8		62.3		(4.0	)		3.7
Russia		31.8		37.8		(16.0	)		(6.5	)
United Kingdom		26.0		30.5		(14.7	)		(12.1	)
Portugal		19.0		22.7		(16.2	)		(5.9	)
Germany		17.4		21.0		(17.0	)		(6.8	)
Norway		16.7		17.5		(3.7	)		4.5
Italy		15.1		18.5		(18.9	)		(8.8	)
Other		15.6		22.5		(30.8	)		(21.6	)
Total EMEA		262.5		310.9		(15.6	)		(7.0	)

APAC
Australia		32.3		37.1		(12.8	)		(8.6	)
Singapore		24.9		26.3		(5.6	)		(3.6	)
Malaysia		18.0		18.8		(4.5	)		(1.5	)
New Zealand		13.4		12.9		3.3			5.0
India		5.9		17.5		(66.3	)		(59.4	)
Other		6.6		5.9		12.7			15.8
Total APAC		101.1		118.5		(14.8	)		(11.2	)

Total Kelly Services, Inc.	$	1,366.1	$	1,405.8		(2.8	) %		0.0	%

KELLY SERVICES, INC. AND SUBSIDIARIES

REVENUE FROM SERVICES

(UNAUDITED)

(In millions of dollars)

	June Year to Date (Commercial, PT and OCG)
					% Change
	2012		2011		US$			Constant Currency

Americas
United States	$	1,732.9	$	1,703.0		1.8	%		1.8	%
Canada		121.5		120.8		0.5			3.5
Puerto Rico		51.8		46.2		12.3			12.3
Mexico		51.3		52.7		(2.6	)		8.5
Brazil		32.4		-	NM			NM
Total Americas		1,989.9		1,922.7		3.5			4.2

EMEA
France		123.9		148.1		(16.3	)		(9.4	)
Switzerland		113.4		109.5		3.5			6.9
Russia		65.4		72.0		(9.2	)		(2.8	)
United Kingdom		53.7		61.6		(12.8	)		(10.6	)
Portugal		37.2		43.3		(14.1	)		(6.8	)
Germany		36.1		41.3		(12.5	)		(5.3	)
Norway		33.2		32.6		2.1			7.2
Italy		31.4		35.1		(10.8	)		(3.4	)
Other		31.2		45.7		(31.7	)		(25.3	)
Total EMEA		525.5		589.2		(10.8	)		(5.2	)

APAC
Australia		66.2		73.5		(9.9	)		(10.0	)
Singapore		49.1		52.4		(6.4	)		(5.8	)
Malaysia		35.8		36.4		(1.7	)		0.1
New Zealand		26.5		24.4		8.8			5.6
India		15.4		35.1		(56.2	)		(49.8	)
Other		12.5		11.2		12.0			13.5
Total APAC		205.5		233.0		(11.8	)		(10.7	)

Total Kelly Services, Inc.	$	2,720.9	$	2,744.9		(0.9	) %		0.9	%

KELLY SERVICES, INC. AND SUBSIDIARIES

RECONCILIATION OF NON-GAAP MEASURES

(UNAUDITED)

(In millions of dollars except per share data)

	Second Quarter						June Year to Date
	2012			2011			2012			2011

Pretax earnings from operations	$	23.8		$	21.3		$	38.5		$	22.9

Restructuring charges (Note 1)		(2.2	)		(0.6	)		(2.2	)		3.4

Earnings from operations excluding restructuring charges	$	21.6		$	20.7		$	36.3		$	26.3

	Second Quarter
		2012						2011
	Amount			Per Share			Amount			Per Share

Earnings from continuing operations, net of taxes	$	15.0		$	0.40		$	20.0		$	0.53

Restructuring charges, net of taxes (Note 1)		(2.2	)		(0.06	)		(0.6	)		(0.02	)

Earnings from continuing operations excluding restructuring charges, net of taxes	$	12.8		$	0.34		$	19.4		$	0.52

	June Year to Date
		2012						2011
	Amount			Per Share			Amount		Per Share

Earnings from continuing operations, net of taxes	$	24.2		$	0.64		$	21.1	$	0.56

Restructuring charges, net of taxes (Note 1)		(2.2	)		(0.06	)		3.4		0.09

Earnings from continuing operations excluding restructuring charges, net of taxes	$	22.0		$	0.58		$	24.5	$	0.65

KELLY SERVICES, INC. AND SUBSIDIARIES

RECONCILIATION OF NON-GAAP MEASURES

(UNAUDITED)

Management believes that the non-GAAP (Generally Accepted Accounting Principles) information excluding the restructuring charges is useful to understand the Company's fiscal 2012 financial performance and increases comparability. Specifically, Management believes that excluding this item allows for a more meaningful comparison of current period operating performance with the operating results of prior periods. These non-GAAP measures may have limitations as analytical tools because they exclude items which can have a material impact on cash flow and earnings per share. As a result, Management considers these measures, along with reported results, when it reviews and evaluates the Company's financial performance. Management believes that these measures provide greater transparency to investors and provide insight into how Management is evaluating the Company's financial performance. Non-GAAP measures should not be considered a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP.

(1)	Restructuring costs relate primarily to revisions of the estimated lease termination costs for EMEA Commercial branches that closed in prior years.