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Unemployment, Raphaël Glucksmann

Benefit amount and tapering: Repeal Macron’s unemployment insurance reform (read as the 2019-2021 one)

Direction of change: increase, compared with current law.

The lever. Calculation of unemployment benefit from past wages, ceiling, and any reduction in the amount over the months. Direction rule: ↑ higher or less tapered benefit.

« Abroger la réforme Macron de l’assurance chômage, injuste et inefficace. »1

Translation by the editorsRepeal Macron’s unemployment insurance reform, which is unfair and ineffective.

Place publique, « Acte un – Notre vision pour la France » (codirecteurs de la publication : Aurore Lalucq et Raphaël Glucksmann), 23 June 2025. Position taken from a document of the candidate’s party or movement, not from a presidential programme.

No programme released. Positions taken from public statements, words of associates or documents of the candidate’s party, each dated and sourced; last recorded on 21 October 2026.

Encoding

Position linked to an option of the cost schedule, with no parameter to set: see the costing.

Costing

Announced by the candidate

not announced

The cited source does not cost this measure.

Published costings

none

No external costing of this position recorded to date.

Our calculation

−€2.3bn

per year for the public accounts, new spending.

The calculation

  • Repeal of the whole 2019-2021 reform (access, calculation, tapering): Option costed by the source: a cost of €2.26bn per year.

Assumption by the editors. Partial costing. Reading adopted, the most cautious one: « la réforme Macron » [“the Macron reform”], in the singular and unspecified, is read as the 2019-2021 reform (eligibility, calculation, tapering), costed by Unédic at €2.26bn a year, below the 2023 countercyclical modulation (€4.2bn). Same option as for Jean-Luc Mélenchon, Fabien Roussel and Marine Tondelier. Not costed: the 2023 countercyclical modulation, if the text also targeted it (the 2026 amendment on negotiated terminations (ruptures conventionnelles) postdates the text).

Current law, sources and limits of the cost schedule

Current law. Since the 2019-2021 reform (Decree No. 2019-797 as amended), the benefit is calculated on a daily reference wage established over 24 months, including periods not worked. 30% tapering after 6 months for those with high previous earnings, with older workers aged 57 and over exempted since the 2024 agreement.

Horizon. Full year, €bn per year, in 2021 euros (steady state 2023-2024)

Limits. Unédic estimate of March 2021 (steady state), not updated: €1bn for the calculation of the reference wage, €0.8bn for the qualifying-employment condition, €0.46bn for degressivity, €2.26bn in total. No sourced coefficient for « +1 point de taux de remplacement » [“+1 point of replacement rate”]. The OFCE table for the 2024 legislative elections gives €4bn for the « annulation de la réforme » [“cancellation of the reform”], without stating the author or the scope. Unédic presents the reduced spending of the 2021 and 2023 reforms « d'allocations chômage (et financement des caisses de retraite complémentaire) » [“in unemployment benefits (and funding of supplementary pension funds)”] (February 2023, table A): the share paid to supplementary pensions, a flow between general government bodies, is not isolated for the 2019-2021 reform and could not be removed. Repealing 2019-2021 overlaps with the abolition of countercyclicality (duration lever) and the access lever: declared overlaps.

How to read these amounts. These are static costs and revenues, with no feedback effect, over a full year: nothing on growth, employment or the revenue that economic activity would gain or lose. A higher net cost does not on its own make a worse policy, nor net savings a better one: each programme rests on an economic model (demand-led stimulus, lower compulsory levies, consolidation of the public accounts…) that the cost schedule does not settle. GDP itself measures a volume of activity, not well-being or the usefulness of what is produced. Economic models and feedback effects.

  1. Place publique, « Acte un – Notre vision pour la France » (codirecteurs de la publication : Aurore Lalucq et Raphaël Glucksmann), 23 June 2025, p. 53. Position taken from a document of the candidate’s party or movement, not from a presidential programme. Read the source (Place publique, « Acte un – Notre vision pour la France » (codirecteurs de la publication : Aurore Lalucq et Raphaël Glucksmann)).

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