Is French unemployment heading towards 5% or 10%?

Unemployment in France, which had fallen from 10% to 7% in just a few years, has been creeping up again for the last two quarters against a backdrop of economic gloom. The target of 5% unemployment by 2027 is the central pillar of Emmanuel Macron's second term in office. Several European countries are at full employment. Why would it not be possible in France? Over the past decade, numerous reforms of the labour market have increased employment among young people and seniors, but...