Table Data - Average Probability of U.S. Workers Making Employer to Employer Transitions
| Title | Average Probability of U.S. Workers Making Employer to Employer Transitions |
|---|---|
| Series ID | FMPNSA |
| Source | Federal Reserve Bank of Philadelphia |
| Release | Fujita, Moscarini, and Postel-Vinay Employer-to-Employer Transition Probability |
| Seasonal Adjustment | Not Seasonally Adjusted |
| Frequency | Monthly |
| Units | Percent |
| Date Range | 1995-10-01 to 2026-08-01 |
| Last Updated | 2026-09-11 1:01 PM CDT |
| Notes | Fujita, Moscarini, and Postel-Vinay (FMP) Employer-to-Employer (E2E) Transition Probability tracks the rate at which U.S. workers transition from one employer to another in a given month. Expressed as the share (percentage) of movers among all employed workers in the previous month, E2E Transition Probability provides a timely gauge of the pace of worker reallocation in the U.S. labor market. |
| DATE | VALUE |
|---|---|
| 1995-10-01 | 3.0236214399 |
| 1995-11-01 | 3.1001131982 |
| 1995-12-01 | 2.1032067016 |
| 1996-01-01 | 2.6915261522 |
| 1996-02-01 | 2.7185400948 |
| 1996-03-01 | 2.5969490409 |
| 1996-04-01 | 2.4156916887 |
| 1996-05-01 | 3.0103623867 |
| 1996-06-01 | 3.0372843146 |
| 1996-07-01 | 3.0359681696 |
| 1996-08-01 | 3.2649617642 |
| 1996-09-01 | 3.1704187393 |
| 1996-10-01 | 2.6987403631 |
| 1996-11-01 | 2.8612958267 |
| 1996-12-01 | 2.0419439301 |
| 1997-01-01 | 2.8479726985 |
| 1997-02-01 | 2.6169370860 |
| 1997-03-01 | 2.6389190927 |
| 1997-04-01 | 2.3022377864 |
| 1997-05-01 | 2.8055448085 |
| 1997-06-01 | 2.9416035861 |
| 1997-07-01 | 3.0246881768 |
| 1997-08-01 | 3.2087780535 |
| 1997-09-01 | 3.2775580883 |
| 1997-10-01 | 3.1683143228 |
| 1997-11-01 | 2.7227962390 |
| 1997-12-01 | 2.3740164936 |
| 1998-01-01 | 2.6164826006 |
| 1998-02-01 | 2.6376953349 |
| 1998-03-01 | 2.5377482176 |
| 1998-04-01 | 2.8081029654 |
| 1998-05-01 | 2.5603143498 |
| 1998-06-01 | 2.9497209936 |
| 1998-07-01 | 3.2798495144 |
| 1998-08-01 | 2.9620803893 |
| 1998-09-01 | 3.0581779778 |
| 1998-10-01 | 3.0084120110 |
| 1998-11-01 | 2.4536039680 |
| 1998-12-01 | 2.3094614968 |
| 1999-01-01 | 2.5407142937 |
| 1999-02-01 | 2.5539398193 |
| 1999-03-01 | 2.4635616690 |
| 1999-04-01 | 2.7677856386 |
| 1999-05-01 | 2.5029379874 |
| 1999-06-01 | 2.8889501467 |
| 1999-07-01 | 3.1735721976 |
| 1999-08-01 | 2.8488891199 |
| 1999-09-01 | 3.6560166627 |
| 1999-10-01 | 2.7753256261 |
| 1999-11-01 | 2.6261713356 |
| 1999-12-01 | 2.6228204370 |
| 2000-01-01 | 2.7685664594 |
| 2000-02-01 | 2.6871124282 |
| 2000-03-01 | 2.8194895014 |
| 2000-04-01 | 2.5026341900 |
| 2000-05-01 | 2.7975557372 |
| 2000-06-01 | 3.3937182277 |
| 2000-07-01 | 3.0205262825 |
| 2000-08-01 | 2.9017515481 |
| 2000-09-01 | 3.4973859787 |
| 2000-10-01 | 2.8626851737 |
| 2000-11-01 | 2.7699591592 |
| 2000-12-01 | 2.0334811881 |
| 2001-01-01 | 2.7805574238 |
| 2001-02-01 | 2.9341775924 |
| 2001-03-01 | 2.4668276310 |
| 2001-04-01 | 2.3139975965 |
| 2001-05-01 | 2.2962767631 |
| 2001-06-01 | 3.0288100243 |
| 2001-07-01 | 2.9438052326 |
| 2001-08-01 | 3.1759865582 |
| 2001-09-01 | 2.9327906668 |
| 2001-10-01 | 2.5240020826 |
| 2001-11-01 | 2.5213439018 |
| 2001-12-01 | 1.9374379888 |
| 2002-01-01 | 2.3348899558 |
| 2002-02-01 | 2.5463793427 |
| 2002-03-01 | 2.2608848289 |
| 2002-04-01 | 2.0602447912 |
| 2002-05-01 | 2.5811497122 |
| 2002-06-01 | 2.7391321957 |
| 2002-07-01 | 2.7150329202 |
| 2002-08-01 | 2.7250267565 |
| 2002-09-01 | 2.7448095381 |
| 2002-10-01 | 2.5152893737 |
| 2002-11-01 | 2.3791057989 |
| 2002-12-01 | 1.7249684781 |
| 2003-01-01 | 2.4347694591 |
| 2003-02-01 | 2.1387733519 |
| 2003-03-01 | 2.1236430854 |
| 2003-04-01 | 1.9086113200 |
| 2003-05-01 | 2.3418521509 |
| 2003-06-01 | 2.4266134948 |
| 2003-07-01 | 2.4518769234 |
| 2003-08-01 | 2.5256590918 |
| 2003-09-01 | 2.6736527681 |
| 2003-10-01 | 2.3503284901 |
| 2003-11-01 | 1.9786614925 |
| 2003-12-01 | 1.8754957244 |
| 2004-01-01 | 2.2770604119 |
| 2004-02-01 | 2.1301338449 |
| 2004-03-01 | 2.1083753556 |
| 2004-04-01 | 2.3367244750 |
| 2004-05-01 | 2.1845616400 |
| 2004-06-01 | 2.4359822273 |
| 2004-07-01 | 2.7404375374 |
| 2004-08-01 | 2.4976801127 |
| 2004-09-01 | 2.8196290135 |
| 2004-10-01 | 2.5681722909 |
| 2004-11-01 | 2.1785801277 |
| 2004-12-01 | 2.0519422367 |
| 2005-01-01 | 2.3666739464 |
| 2005-02-01 | 2.4090906605 |
| 2005-03-01 | 2.2675495595 |
| 2005-04-01 | 2.2654682398 |
| 2005-05-01 | 2.1333916113 |
| 2005-06-01 | 2.7795590460 |
| 2005-07-01 | 2.4194048718 |
| 2005-08-01 | 2.6039484888 |
| 2005-09-01 | 2.9896270484 |
| 2005-10-01 | 2.4494724348 |
| 2005-11-01 | 2.3744467646 |
| 2005-12-01 | 1.9596965984 |
| 2006-01-01 | 2.2587040439 |
| 2006-02-01 | 2.3752395064 |
| 2006-03-01 | 2.2787882015 |
| 2006-04-01 | 2.0607924089 |
| 2006-05-01 | 2.2066833451 |
| 2006-06-01 | 2.8018893674 |
| 2006-07-01 | 2.6760218665 |
| 2006-08-01 | 2.5785604492 |
| 2006-09-01 | 2.8794223443 |
| 2006-10-01 | 2.2448416799 |
| 2006-11-01 | 2.2022737190 |
| 2006-12-01 | 2.0724216476 |
| 2007-01-01 | 2.1823370829 |
| 2007-02-01 | 2.1592268720 |
| 2007-03-01 | 2.4683959782 |
| 2007-04-01 | 2.2474169731 |
| 2007-05-01 | 2.4142043665 |
| 2007-06-01 | 2.5818651542 |
| 2007-07-01 | 2.8234824538 |
| 2007-08-01 | 2.6424657553 |
| 2007-09-01 | 2.8763843700 |
| 2007-10-01 | 2.3619443178 |
| 2007-11-01 | 2.3414850235 |
| 2007-12-01 | 1.8547430634 |
| 2008-01-01 | 2.2817110643 |
| 2008-02-01 | 2.3461529985 |
| 2008-03-01 | 2.2678572685 |
| 2008-04-01 | 2.1678166464 |
| 2008-05-01 | 2.5199143216 |
| 2008-06-01 | 2.5218110532 |
| 2008-07-01 | 2.6710590348 |
| 2008-08-01 | 2.8940875083 |
| 2008-09-01 | 2.7114275843 |
| 2008-10-01 | 2.5403164327 |
| 2008-11-01 | 2.0044976845 |
| 2008-12-01 | 1.8859505653 |
| 2009-01-01 | 2.0942177624 |
| 2009-02-01 | 2.2114103660 |
| 2009-03-01 | 2.0034413785 |
| 2009-04-01 | 2.0786201581 |
| 2009-05-01 | 2.3477934301 |
| 2009-06-01 | 2.3968171328 |
| 2009-07-01 | 2.3768594489 |
| 2009-08-01 | 2.3060003296 |
| 2009-09-01 | 2.5393487886 |
| 2009-10-01 | 2.2294275463 |
| 2009-11-01 | 1.8886642531 |
| 2009-12-01 | 1.7438417301 |
| 2010-01-01 | 2.0128911361 |
| 2010-02-01 | 1.9696136937 |
| 2010-03-01 | 2.0188897848 |
| 2010-04-01 | 2.1157590672 |
| 2010-05-01 | 2.0942701027 |
| 2010-06-01 | 2.1819526330 |
| 2010-07-01 | 2.5138113648 |
| 2010-08-01 | 2.3833660409 |
| 2010-09-01 | 2.6431474835 |
| 2010-10-01 | 2.0159989595 |
| 2010-11-01 | 1.9138077274 |
| 2010-12-01 | 1.7771549523 |
| 2011-01-01 | 1.8948242068 |
| 2011-02-01 | 1.8132697791 |
| 2011-03-01 | 1.9933888689 |
| 2011-04-01 | 2.0774969831 |
| 2011-05-01 | 1.9917529076 |
| 2011-06-01 | 2.4863414466 |
| 2011-07-01 | 2.3170003667 |
| 2011-08-01 | 2.3096134886 |
| 2011-09-01 | 2.6800818741 |
| 2011-10-01 | 2.1106468514 |
| 2011-11-01 | 2.0695859566 |
| 2011-12-01 | 1.6528178006 |
| 2012-01-01 | 2.1156372502 |
| 2012-02-01 | 2.0764248446 |
| 2012-03-01 | 2.0274635404 |
| 2012-04-01 | 1.8694812432 |
| 2012-05-01 | 1.9211564213 |
| 2012-06-01 | 2.5689933449 |
| 2012-07-01 | 2.3797966540 |
| 2012-08-01 | 2.4998279288 |
| 2012-09-01 | 2.4704648182 |
| 2012-10-01 | 2.1051874384 |
| 2012-11-01 | 1.9516684115 |
| 2012-12-01 | 1.8264392391 |
| 2013-01-01 | 1.8280560151 |
| 2013-02-01 | 2.1060744300 |
| 2013-03-01 | 2.0713103935 |
| 2013-04-01 | 1.8383830786 |
| 2013-05-01 | 2.1680358797 |
| 2013-06-01 | 2.3940905929 |
| 2013-07-01 | 2.2997846827 |
| 2013-08-01 | 2.5013307109 |
| 2013-09-01 | 2.4307673797 |
| 2013-10-01 | 2.1372959018 |
| 2013-11-01 | 1.9910713658 |
| 2013-12-01 | 1.6206920147 |
| 2014-01-01 | 2.2523850203 |
| 2014-02-01 | 1.9838359207 |
| 2014-03-01 | 1.9359646365 |
| 2014-04-01 | 1.9329339266 |
| 2014-05-01 | 2.1548114717 |
| 2014-06-01 | 2.4702399969 |
| 2014-07-01 | 2.5203175843 |
| 2014-08-01 | 2.5676172227 |
| 2014-09-01 | 2.7130153030 |
| 2014-10-01 | 2.3549718782 |
| 2014-11-01 | 2.1279782057 |
| 2014-12-01 | 1.7588352785 |
| 2015-01-01 | 2.1278444678 |
| 2015-02-01 | 2.0876087248 |
| 2015-03-01 | 2.2576833144 |
| 2015-04-01 | 2.2414239123 |
| 2015-05-01 | 2.1954093128 |
| 2015-06-01 | 2.6407560334 |
| 2015-07-01 | 2.7972502634 |
| 2015-08-01 | 2.3998988792 |
| 2015-09-01 | 2.6913248003 |
| 2015-10-01 | 2.5422045961 |
| 2015-11-01 | 2.1355910227 |
| 2015-12-01 | 1.9096219912 |
| 2016-01-01 | 2.1596949548 |
| 2016-02-01 | 2.0548323169 |
| 2016-03-01 | 2.0214762539 |
| 2016-04-01 | 2.0416665822 |
| 2016-05-01 | 1.9933940843 |
| 2016-06-01 | 2.6589643210 |
| 2016-07-01 | 2.5434860960 |
| 2016-08-01 | 2.4092771113 |
| 2016-09-01 | 3.0093166977 |
| 2016-10-01 | 2.2442515939 |
| 2016-11-01 | 2.0638315007 |
| 2016-12-01 | 1.8976196647 |
| 2017-01-01 | 1.9827330485 |
| 2017-02-01 | 2.1808972582 |
| 2017-03-01 | 2.2448854521 |
| 2017-04-01 | 1.9761668518 |
| 2017-05-01 | 2.2642936558 |
| 2017-06-01 | 2.5047203526 |
| 2017-07-01 | 2.4854401127 |
| 2017-08-01 | 2.3132378235 |
| 2017-09-01 | 2.9847988859 |
| 2017-10-01 | 2.1983515471 |
| 2017-11-01 | 2.0161114633 |
| 2017-12-01 | 1.6725916415 |
| 2018-01-01 | 2.0896727219 |
| 2018-02-01 | 2.1746085957 |
| 2018-03-01 | 2.0408954471 |
| 2018-04-01 | 1.8589871004 |
| 2018-05-01 | 2.0006274804 |
| 2018-06-01 | 2.5204118341 |
| 2018-07-01 | 2.4657288566 |
| 2018-08-01 | 2.6287769899 |
| 2018-09-01 | 2.3647163063 |
| 2018-10-01 | 2.0493568853 |
| 2018-11-01 | 1.9833290949 |
| 2018-12-01 | 1.8620435148 |
| 2019-01-01 | 2.1500453353 |
| 2019-02-01 | 2.2609908134 |
| 2019-03-01 | 2.1880785003 |
| 2019-04-01 | 1.8151933327 |
| 2019-05-01 | 2.2485988215 |
| 2019-06-01 | 2.1577615291 |
| 2019-07-01 | 2.6261517778 |
| 2019-08-01 | 2.5672512129 |
| 2019-09-01 | 2.4344198406 |
| 2019-10-01 | 2.1692726761 |
| 2019-11-01 | 2.0530296490 |
| 2019-12-01 | 1.9047245383 |
| 2020-01-01 | 2.2882938385 |
| 2020-02-01 | 2.0856529474 |
| 2020-03-01 | 2.0638076589 |
| 2020-04-01 | 1.7207127064 |
| 2020-05-01 | 1.7004445195 |
| 2020-06-01 | 1.8459942192 |
| 2020-07-01 | 2.0938167349 |
| 2020-08-01 | 2.2670000792 |
| 2020-09-01 | 2.2869186476 |
| 2020-10-01 | 2.3859139532 |
| 2020-11-01 | 2.1704545245 |
| 2020-12-01 | 1.7830820754 |
| 2021-01-01 | 1.9459033385 |
| 2021-02-01 | 2.1333223209 |
| 2021-03-01 | 2.1844794974 |
| 2021-04-01 | 2.1863851696 |
| 2021-05-01 | 1.9543292001 |
| 2021-06-01 | 2.2747220472 |
| 2021-07-01 | 2.8028937057 |
| 2021-08-01 | 2.3496050388 |
| 2021-09-01 | 3.0786551535 |
| 2021-10-01 | 2.2759148851 |
| 2021-11-01 | 2.2181583568 |
| 2021-12-01 | 1.9471934065 |
| 2022-01-01 | 2.3973973468 |
| 2022-02-01 | 2.3048022762 |
| 2022-03-01 | 2.2955859080 |
| 2022-04-01 | 2.3540899158 |
| 2022-05-01 | 2.2790038958 |
| 2022-06-01 | 2.6099951938 |
| 2022-07-01 | 2.4518281221 |
| 2022-08-01 | 2.6813481003 |
| 2022-09-01 | 2.9357111081 |
| 2022-10-01 | 2.4116825312 |
| 2022-11-01 | 2.2499987856 |
| 2022-12-01 | 1.9402574748 |
| 2023-01-01 | 2.1361356601 |
| 2023-02-01 | 2.3678380996 |
| 2023-03-01 | 2.2663185373 |
| 2023-04-01 | 1.8692366779 |
| 2023-05-01 | 2.0092489198 |
| 2023-06-01 | 2.6108674705 |
| 2023-07-01 | 2.6759194210 |
| 2023-08-01 | 2.2730609402 |
| 2023-09-01 | 2.8290767223 |
| 2023-10-01 | 2.1061539650 |
| 2023-11-01 | 2.2375715896 |
| 2023-12-01 | 1.7110172659 |
| 2024-01-01 | 2.0504230633 |
| 2024-02-01 | 2.1035762504 |
| 2024-03-01 | 1.9538972527 |
| 2024-04-01 | 2.0454540849 |
| 2024-05-01 | 2.2246439010 |
| 2024-06-01 | 2.2944495082 |
| 2024-07-01 | 2.3276627064 |
| 2024-08-01 | 2.7368180454 |
| 2024-09-01 | 2.6916194707 |
| 2024-10-01 | 2.3907678202 |
| 2024-11-01 | 1.9434941933 |
| 2024-12-01 | 1.7574718222 |
| 2025-01-01 | 1.9437480718 |
| 2025-02-01 | 2.0589295775 |
| 2025-03-01 | 2.2954551503 |
| 2025-04-01 | 1.9366202876 |
| 2025-05-01 | 2.3537950590 |
| 2025-06-01 | 2.1688569337 |
| 2025-07-01 | 2.3736996576 |
| 2025-08-01 | 2.4909088388 |
| 2025-09-01 | 2.5919465348 |
| 2025-10-01 | 2.2295962377 |
| 2025-11-01 | 2.0610106693 |
| 2025-12-01 | 1.9441679120 |
| 2026-01-01 | 2.2389145568 |
| 2026-02-01 | 2.0965933800 |
| 2026-03-01 | 2.2492492571 |
| 2026-04-01 | 2.2850045934 |
| 2026-05-01 | 2.2381870076 |
| 2026-06-01 | 2.3191312328 |
| 2026-07-01 | 2.1701835096 |
| 2026-08-01 | 2.4067630991 |