Macron's employment goal at risk

Full employment was expected to be one of the major economic legacies of Emmanuel Macron. However, as the end of his second five-year term approaches, it is rather unemployment that could return to previous levels.

Unemployment forecast rising

According to the forecasts of the French Institute of Economics, unemployment could reach 8.8% by the end of 2027, compared to 8.4% by the end of 2026. This would mark a slight but notable increase in unemployment rates.

Growth and employment trends

This increase would be explained by the weakness of growth, the decline in salaried employment, and the limits of the employment policies implemented under Emmanuel Macron. Economic growth has been slower than anticipated in recent years.

Policy challenges highlighted

The French Institute of Economics' report highlights the challenges faced by Macron's employment policies, which have struggled to keep pace with changing economic conditions and labor market dynamics.