Months of unrest and strikes over Macron's pension reform in the spring as well as five days of riots and looting in French cities earlier this month had fuelled calls among political opponents and some government insiders for a reshuffle.
"To ensure stability and in-depth work, the President has decided to maintain the Prime Minister," Macron's office said.
But Macron said last week he needed more time to draft policy in response to the riots, which he said required more than "knee-jerk" reactions.
A source close to Macron told Reuters changing prime minister now made no sense, since Macron's minority government had not managed to strike a deal with potential right-wing conservative allies in parliament.
Macron was keeping the option of offering the conservative Les Republicains the prime minister seat as a prize for a formal coalition, the source added.
Persons:
Emmanuel Macron, Elisabeth Borne, Borne, Macron, Les, Liu Zhifan, Dominique Vidalon, Michel Rose, Sandra Maler, Alistair Bell
Organizations:
Reuters, Thomson
Locations:
Borne