After two successive reforms, in 2019 and then last year, Gabriel Attal announced a third act which could accentuate the degression of benefits. But this new blow to unemployment insurance will not necessarily have the expected results, argues economist Bertrand Martinot.

"It is not a very good policy to tighten the rules when unemployment is rising for cyclical reasons," he says. The State has already announced 10 billion euros in savings for this year and 20 billion for next year, says Philippe.