It was necessary to take a bet at very high odds, in the depths of confinements, to dare to predict an exit from the crisis with unemployment at the lowest for fifteen years.
Here we are, however: defeating all forecasts, the employment situation in France is improving so quickly that companies cannot find the arms or the heads they need.
Who would have believed it after such an economic shock?
At the rate things are going, Emmanuel Macron could well appear before voters with a contract filled, with an unemployment rate reduced, as he had committed, to 7%.
Appreciating the good news at its true value does not, however, prevent a little lucidity.
The boom in activity owes a lot to the tens of billions of public money poured into the economy over the past two years.
No doubt we had to come to terms with the risk of Covid, but in doing so, we bought growth, and therefore jobs, on credit.
Sooner or later these debts will have to be paid.
Moreover, let's stay
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