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 2026-07-01 |
| Last Updated | 2026-08-14 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 | 3.0236199498 |
| 1995-11-01 | 3.1001117080 |
| 1995-12-01 | 2.1032053977 |
| 1996-01-01 | 2.6915250346 |
| 1996-02-01 | 2.7185386047 |
| 1996-03-01 | 2.5969473645 |
| 1996-04-01 | 2.4156900123 |
| 1996-05-01 | 3.0103610829 |
| 1996-06-01 | 3.0372828245 |
| 1996-07-01 | 3.0359672382 |
| 1996-08-01 | 3.2649610192 |
| 1996-09-01 | 3.1704183668 |
| 1996-10-01 | 2.6987398043 |
| 1996-11-01 | 2.8612954542 |
| 1996-12-01 | 2.0419435576 |
| 1997-01-01 | 2.8479721397 |
| 1997-02-01 | 2.6169365272 |
| 1997-03-01 | 2.6389185339 |
| 1997-04-01 | 2.3022374138 |
| 1997-05-01 | 2.8055444360 |
| 1997-06-01 | 2.9416032135 |
| 1997-07-01 | 3.0246879905 |
| 1997-08-01 | 3.2087776810 |
| 1997-09-01 | 3.2775580883 |
| 1997-10-01 | 3.1683143228 |
| 1997-11-01 | 2.7227964252 |
| 1997-12-01 | 2.3740168661 |
| 1998-01-01 | 2.6164829731 |
| 1998-02-01 | 2.6376955211 |
| 1998-03-01 | 2.5377485901 |
| 1998-04-01 | 2.8081033379 |
| 1998-05-01 | 2.5603149086 |
| 1998-06-01 | 2.9497215524 |
| 1998-07-01 | 3.2798498869 |
| 1998-08-01 | 2.9620809481 |
| 1998-09-01 | 3.0581787229 |
| 1998-10-01 | 3.0084129423 |
| 1998-11-01 | 2.4536048993 |
| 1998-12-01 | 2.3094626144 |
| 1999-01-01 | 2.5407154113 |
| 1999-02-01 | 2.5539409369 |
| 1999-03-01 | 2.4635626003 |
| 1999-04-01 | 2.7677865699 |
| 1999-05-01 | 2.5029391050 |
| 1999-06-01 | 2.8889510781 |
| 1999-07-01 | 3.1735733151 |
| 1999-08-01 | 2.8488904238 |
| 1999-09-01 | 3.6560177803 |
| 1999-10-01 | 2.7753273025 |
| 1999-11-01 | 2.6261730120 |
| 1999-12-01 | 2.6228219271 |
| 2000-01-01 | 2.7685683221 |
| 2000-02-01 | 2.6871139184 |
| 2000-03-01 | 2.8194909915 |
| 2000-04-01 | 2.5026353076 |
| 2000-05-01 | 2.7975572273 |
| 2000-06-01 | 3.3937197179 |
| 2000-07-01 | 3.0205279589 |
| 2000-08-01 | 2.9017534107 |
| 2000-09-01 | 3.4973878413 |
| 2000-10-01 | 2.8626872227 |
| 2000-11-01 | 2.7699612081 |
| 2000-12-01 | 2.0334834233 |
| 2001-01-01 | 2.7805596590 |
| 2001-02-01 | 2.9341792688 |
| 2001-03-01 | 2.4668293074 |
| 2001-04-01 | 2.3139992729 |
| 2001-05-01 | 2.2962788120 |
| 2001-06-01 | 3.0288118869 |
| 2001-07-01 | 2.9438072816 |
| 2001-08-01 | 3.1759884208 |
| 2001-09-01 | 2.9327925295 |
| 2001-10-01 | 2.5240045041 |
| 2001-11-01 | 2.5213461369 |
| 2001-12-01 | 1.9374400377 |
| 2002-01-01 | 2.3348921910 |
| 2002-02-01 | 2.5463810191 |
| 2002-03-01 | 2.2608865052 |
| 2002-04-01 | 2.0602462813 |
| 2002-05-01 | 2.5811513886 |
| 2002-06-01 | 2.7391338721 |
| 2002-07-01 | 2.7150345966 |
| 2002-08-01 | 2.7250282466 |
| 2002-09-01 | 2.7448112145 |
| 2002-10-01 | 2.5152910501 |
| 2002-11-01 | 2.3791074753 |
| 2002-12-01 | 1.7249703407 |
| 2003-01-01 | 2.4347709492 |
| 2003-02-01 | 2.1387744695 |
| 2003-03-01 | 2.1236440167 |
| 2003-04-01 | 1.9086122513 |
| 2003-05-01 | 2.3418530822 |
| 2003-06-01 | 2.4266144261 |
| 2003-07-01 | 2.4518778548 |
| 2003-08-01 | 2.5256598368 |
| 2003-09-01 | 2.6736535132 |
| 2003-10-01 | 2.3503294215 |
| 2003-11-01 | 1.9786626101 |
| 2003-12-01 | 1.8754964694 |
| 2004-01-01 | 2.2770611569 |
| 2004-02-01 | 2.1301338449 |
| 2004-03-01 | 2.1083753556 |
| 2004-04-01 | 2.3367242888 |
| 2004-05-01 | 2.1845612675 |
| 2004-06-01 | 2.4359818548 |
| 2004-07-01 | 2.7404369786 |
| 2004-08-01 | 2.4976795539 |
| 2004-09-01 | 2.8196282685 |
| 2004-10-01 | 2.5681717321 |
| 2004-11-01 | 2.1785793826 |
| 2004-12-01 | 2.0519413054 |
| 2005-01-01 | 2.3666728288 |
| 2005-02-01 | 2.4090889841 |
| 2005-03-01 | 2.2675478831 |
| 2005-04-01 | 2.2654665634 |
| 2005-05-01 | 2.1333895624 |
| 2005-06-01 | 2.7795568109 |
| 2005-07-01 | 2.4194024503 |
| 2005-08-01 | 2.6039460674 |
| 2005-09-01 | 2.9896246269 |
| 2005-10-01 | 2.4494701996 |
| 2005-11-01 | 2.3744443431 |
| 2005-12-01 | 1.9596941769 |
| 2006-01-01 | 2.2587010637 |
| 2006-02-01 | 2.3752357811 |
| 2006-03-01 | 2.2787848487 |
| 2006-04-01 | 2.0607883111 |
| 2006-05-01 | 2.2066788748 |
| 2006-06-01 | 2.8018848971 |
| 2006-07-01 | 2.6760172099 |
| 2006-08-01 | 2.5785556063 |
| 2006-09-01 | 2.8794169426 |
| 2006-10-01 | 2.2448366508 |
| 2006-11-01 | 2.2022685036 |
| 2006-12-01 | 2.0724158734 |
| 2007-01-01 | 2.1823303774 |
| 2007-02-01 | 2.1589977667 |
| 2007-03-01 | 2.4681404233 |
| 2007-04-01 | 2.2471655160 |
| 2007-05-01 | 2.4139381945 |
| 2007-06-01 | 2.5815919042 |
| 2007-07-01 | 2.8231868520 |
| 2007-08-01 | 2.6421653107 |
| 2007-09-01 | 2.8760729358 |
| 2007-10-01 | 2.3616341874 |
| 2007-11-01 | 2.3411594331 |
| 2007-12-01 | 1.8544061109 |
| 2008-01-01 | 2.2813633084 |
| 2008-02-01 | 2.3469127715 |
| 2008-03-01 | 2.2698339075 |
| 2008-04-01 | 2.1706361324 |
| 2008-05-01 | 2.5225035846 |
| 2008-06-01 | 2.5244252756 |
| 2008-07-01 | 2.6734545827 |
| 2008-08-01 | 2.8937948868 |
| 2008-09-01 | 2.7138931677 |
| 2008-10-01 | 2.5427041575 |
| 2008-11-01 | 2.0068233833 |
| 2008-12-01 | 1.8883267418 |
| 2009-01-01 | 2.0965376869 |
| 2009-02-01 | 2.2142082453 |
| 2009-03-01 | 2.0069925115 |
| 2009-04-01 | 2.0829362795 |
| 2009-05-01 | 2.3525020108 |
| 2009-06-01 | 2.4011719972 |
| 2009-07-01 | 2.3812761530 |
| 2009-08-01 | 2.3049294949 |
| 2009-09-01 | 2.5433244184 |
| 2009-10-01 | 2.2333141416 |
| 2009-11-01 | 1.8929226324 |
| 2009-12-01 | 1.7480509356 |
| 2010-01-01 | 2.0172074437 |
| 2010-02-01 | 1.9737107679 |
| 2010-03-01 | 2.0230915397 |
| 2010-04-01 | 2.1193629131 |
| 2010-05-01 | 2.0979167894 |
| 2010-06-01 | 2.1855816245 |
| 2010-07-01 | 2.5173583999 |
| 2010-08-01 | 2.3812534288 |
| 2010-09-01 | 2.6465736330 |
| 2010-10-01 | 2.0188983530 |
| 2010-11-01 | 1.9167730585 |
| 2010-12-01 | 1.7799606547 |
| 2011-01-01 | 1.8978072330 |
| 2011-02-01 | 1.8161131069 |
| 2011-03-01 | 1.9959542900 |
| 2011-04-01 | 2.0798508078 |
| 2011-05-01 | 1.9940512255 |
| 2011-06-01 | 2.4885842577 |
| 2011-07-01 | 2.3191723973 |
| 2011-08-01 | 2.3059284315 |
| 2011-09-01 | 2.6823870838 |
| 2011-10-01 | 2.1127263084 |
| 2011-11-01 | 2.0714057609 |
| 2011-12-01 | 1.6548268497 |
| 2012-01-01 | 2.1174971014 |
| 2012-02-01 | 2.0783789456 |
| 2012-03-01 | 2.0295592025 |
| 2012-04-01 | 1.8710829318 |
| 2012-05-01 | 1.9230624661 |
| 2012-06-01 | 2.5701232255 |
| 2012-07-01 | 2.3811176419 |
| 2012-08-01 | 2.4951180443 |
| 2012-09-01 | 2.4720642716 |
| 2012-10-01 | 2.1060707048 |
| 2012-11-01 | 1.9525948912 |
| 2012-12-01 | 1.8275491893 |
| 2013-01-01 | 1.8296079710 |
| 2013-02-01 | 2.1070217714 |
| 2013-03-01 | 2.0716745406 |
| 2013-04-01 | 1.8390333280 |
| 2013-05-01 | 2.1685447544 |
| 2013-06-01 | 2.3948861286 |
| 2013-07-01 | 2.3003287613 |
| 2013-08-01 | 2.4956628680 |
| 2013-09-01 | 2.4312851951 |
| 2013-10-01 | 2.1371494979 |
| 2013-11-01 | 1.9908282906 |
| 2013-12-01 | 1.6212109476 |
| 2014-01-01 | 2.2526290268 |
| 2014-02-01 | 1.9838752225 |
| 2014-03-01 | 1.9361831248 |
| 2014-04-01 | 1.9330285490 |
| 2014-05-01 | 2.1547595039 |
| 2014-06-01 | 2.4700319394 |
| 2014-07-01 | 2.5200212374 |
| 2014-08-01 | 2.5612816215 |
| 2014-09-01 | 2.7125321329 |
| 2014-10-01 | 2.3538608104 |
| 2014-11-01 | 2.1272139624 |
| 2014-12-01 | 1.7582423985 |
| 2015-01-01 | 2.1270791069 |
| 2015-02-01 | 2.0866127685 |
| 2015-03-01 | 2.2567704320 |
| 2015-04-01 | 2.2397734225 |
| 2015-05-01 | 2.1941443905 |
| 2015-06-01 | 2.6402983814 |
| 2015-07-01 | 2.7959799394 |
| 2015-08-01 | 2.3925174028 |
| 2015-09-01 | 2.6898946613 |
| 2015-10-01 | 2.5401994586 |
| 2015-11-01 | 2.1341904998 |
| 2015-12-01 | 1.9083354622 |
| 2016-01-01 | 2.1583737805 |
| 2016-02-01 | 2.0534498617 |
| 2016-03-01 | 2.0201010630 |
| 2016-04-01 | 2.0398074761 |
| 2016-05-01 | 1.9917121157 |
| 2016-06-01 | 2.6568138972 |
| 2016-07-01 | 2.5415115058 |
| 2016-08-01 | 2.4010522291 |
| 2016-09-01 | 3.0070606619 |
| 2016-10-01 | 2.2420549765 |
| 2016-11-01 | 2.0619330928 |
| 2016-12-01 | 1.8956013024 |
| 2017-01-01 | 1.9807225093 |
| 2017-02-01 | 2.1781181917 |
| 2017-03-01 | 2.2424327210 |
| 2017-04-01 | 1.9738715142 |
| 2017-05-01 | 2.2618025541 |
| 2017-06-01 | 2.5018578395 |
| 2017-07-01 | 2.4828927591 |
| 2017-08-01 | 2.3041967303 |
| 2017-09-01 | 2.9822377488 |
| 2017-10-01 | 2.1952593699 |
| 2017-11-01 | 2.0131900907 |
| 2017-12-01 | 1.6703139991 |
| 2018-01-01 | 2.0869385451 |
| 2018-02-01 | 2.1719459444 |
| 2018-03-01 | 2.0377660170 |
| 2018-04-01 | 1.8560007215 |
| 2018-05-01 | 1.9974948838 |
| 2018-06-01 | 2.5175338611 |
| 2018-07-01 | 2.4624953046 |
| 2018-08-01 | 2.6190524921 |
| 2018-09-01 | 2.3617319763 |
| 2018-10-01 | 2.0461454988 |
| 2018-11-01 | 1.9798476249 |
| 2018-12-01 | 1.8586540595 |
| 2019-01-01 | 2.1467957646 |
| 2019-02-01 | 2.2572150454 |
| 2019-03-01 | 2.1842440590 |
| 2019-04-01 | 1.8113382161 |
| 2019-05-01 | 2.2447708994 |
| 2019-06-01 | 2.1540781483 |
| 2019-07-01 | 2.6222871616 |
| 2019-08-01 | 2.5559106842 |
| 2019-09-01 | 2.4307977408 |
| 2019-10-01 | 2.1653575823 |
| 2019-11-01 | 2.0481884480 |
| 2019-12-01 | 1.9004451111 |
| 2020-01-01 | 2.2843506187 |
| 2020-02-01 | 2.0812552422 |
| 2020-03-01 | 2.0596474409 |
| 2020-04-01 | 1.7171774060 |
| 2020-05-01 | 1.6967788339 |
| 2020-06-01 | 1.8433483317 |
| 2020-07-01 | 2.0903950557 |
| 2020-08-01 | 2.2546358407 |
| 2020-09-01 | 2.2826384753 |
| 2020-10-01 | 2.3812398314 |
| 2020-11-01 | 2.1655799821 |
| 2020-12-01 | 1.7786337063 |
| 2021-01-01 | 1.9411256537 |
| 2021-02-01 | 2.1286381409 |
| 2021-03-01 | 2.1794265136 |
| 2021-04-01 | 2.1814191714 |
| 2021-05-01 | 1.9498627633 |
| 2021-06-01 | 2.2694313899 |
| 2021-07-01 | 2.7976321056 |
| 2021-08-01 | 2.3365870118 |
| 2021-09-01 | 3.0725914985 |
| 2021-10-01 | 2.2699836642 |
| 2021-11-01 | 2.2124120966 |
| 2021-12-01 | 1.9414702430 |
| 2022-01-01 | 2.3919563740 |
| 2022-02-01 | 2.2994434461 |
| 2022-03-01 | 2.2898884490 |
| 2022-04-01 | 2.3477556184 |
| 2022-05-01 | 2.2729126737 |
| 2022-06-01 | 2.6039464399 |
| 2022-07-01 | 2.4453407153 |
| 2022-08-01 | 2.6674143970 |
| 2022-09-01 | 2.9293088242 |
| 2022-10-01 | 2.4053815752 |
| 2022-11-01 | 2.2429613397 |
| 2022-12-01 | 1.9334413111 |
| 2023-01-01 | 2.1299585700 |
| 2023-02-01 | 2.3612970486 |
| 2023-03-01 | 2.2597145289 |
| 2023-04-01 | 1.8628451973 |
| 2023-05-01 | 2.0029425621 |
| 2023-06-01 | 2.6043634862 |
| 2023-07-01 | 2.6685236022 |
| 2023-08-01 | 2.2587759420 |
| 2023-09-01 | 2.8222706169 |
| 2023-10-01 | 2.0990181714 |
| 2023-11-01 | 2.2304544225 |
| 2023-12-01 | 1.7039870843 |
| 2024-01-01 | 2.0434601232 |
| 2024-02-01 | 2.0966537297 |
| 2024-03-01 | 1.9467620179 |
| 2024-04-01 | 2.0382186398 |
| 2024-05-01 | 2.2172551602 |
| 2024-06-01 | 2.2872013971 |
| 2024-07-01 | 2.3199459538 |
| 2024-08-01 | 2.7209883556 |
| 2024-09-01 | 2.6835106313 |
| 2024-10-01 | 2.3825425655 |
| 2024-11-01 | 1.9358964637 |
| 2024-12-01 | 1.7498169094 |
| 2025-01-01 | 1.9358005375 |
| 2025-02-01 | 2.0510097966 |
| 2025-03-01 | 2.2873338312 |
| 2025-04-01 | 1.9287148491 |
| 2025-05-01 | 2.3456320167 |
| 2025-06-01 | 2.1608609706 |
| 2025-07-01 | 2.3656049743 |
| 2025-08-01 | 2.4752924219 |
| 2025-09-01 | 2.5835437700 |
| 2025-10-01 | 2.2208541588 |
| 2025-11-01 | 2.0523697682 |
| 2025-12-01 | 1.9354272634 |
| 2026-01-01 | 2.2303074598 |
| 2026-02-01 | 2.0876877010 |
| 2026-03-01 | 2.2398045287 |
| 2026-04-01 | 2.2756101564 |
| 2026-05-01 | 2.2288678214 |
| 2026-06-01 | 2.3099873215 |
| 2026-07-01 | 2.1670928225 |