France: Will the effects of the reforms be felt in time?

Will the reforms implemented in France generate positive effects before the end of the presidential term in 2022? We would expect to see: A rising employment rate and falling structural unemployment thanks to the reforms of training, apprenticeship and unemployment benefits and the reduction in uncertainty about redundancy costs; Longer employment contracts due to reduced uncertainty about redundancy costs and because short-term contracts will be penalised; Easier and less costly financing for companies, and therefore increased investment due to the scrapping of the solidarity tax on wealth and the 30% flat tax on capital income; Increasing low-skilled employment (falling low-skilled unemployment) due to the cuts in social contributions on low wages, and the effort to re-skill young people in difficulty and the long-term unemployed. We can now see the start of an improvement on all these points .