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 2026-09-01 |
| Last Updated | 2026-10-09 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 | 3.0236234888 |
| 1995-11-01 | 3.1001148745 |
| 1995-12-01 | 2.1032081917 |
| 1996-01-01 | 2.6915274560 |
| 1996-02-01 | 2.7185419574 |
| 1996-03-01 | 2.5969509035 |
| 1996-04-01 | 2.4156933650 |
| 1996-05-01 | 3.0103638768 |
| 1996-06-01 | 3.0372859910 |
| 1996-07-01 | 3.0359692872 |
| 1996-08-01 | 3.2649628818 |
| 1996-09-01 | 3.1704194844 |
| 1996-10-01 | 2.6987411082 |
| 1996-11-01 | 2.8612965718 |
| 1996-12-01 | 2.0419444889 |
| 1997-01-01 | 2.8479730710 |
| 1997-02-01 | 2.6169376448 |
| 1997-03-01 | 2.6389196515 |
| 1997-04-01 | 2.3022383451 |
| 1997-05-01 | 2.8055451810 |
| 1997-06-01 | 2.9416037723 |
| 1997-07-01 | 3.0246883631 |
| 1997-08-01 | 3.2087780535 |
| 1997-09-01 | 3.2775580883 |
| 1997-10-01 | 3.1683139503 |
| 1997-11-01 | 2.7227958664 |
| 1997-12-01 | 2.3740161210 |
| 1998-01-01 | 2.6164820418 |
| 1998-02-01 | 2.6376949623 |
| 1998-03-01 | 2.5377478451 |
| 1998-04-01 | 2.8081025928 |
| 1998-05-01 | 2.5603137910 |
| 1998-06-01 | 2.9497204348 |
| 1998-07-01 | 3.2798487693 |
| 1998-08-01 | 2.9620796442 |
| 1998-09-01 | 3.0581772327 |
| 1998-10-01 | 3.0084108934 |
| 1998-11-01 | 2.4536026642 |
| 1998-12-01 | 2.3094601929 |
| 1999-01-01 | 2.5407128036 |
| 1999-02-01 | 2.5539387017 |
| 1999-03-01 | 2.4635607377 |
| 1999-04-01 | 2.7677847072 |
| 1999-05-01 | 2.5029364973 |
| 1999-06-01 | 2.8889488429 |
| 1999-07-01 | 3.1735710800 |
| 1999-08-01 | 2.8488876298 |
| 1999-09-01 | 3.6560151726 |
| 1999-10-01 | 2.7753239498 |
| 1999-11-01 | 2.6261696592 |
| 1999-12-01 | 2.6228187606 |
| 2000-01-01 | 2.7685645968 |
| 2000-02-01 | 2.6871105656 |
| 2000-03-01 | 2.8194878250 |
| 2000-04-01 | 2.5026326999 |
| 2000-05-01 | 2.7975538746 |
| 2000-06-01 | 3.3937163651 |
| 2000-07-01 | 3.0205242336 |
| 2000-08-01 | 2.9017494991 |
| 2000-09-01 | 3.4973841161 |
| 2000-10-01 | 2.8626829386 |
| 2000-11-01 | 2.7699567378 |
| 2000-12-01 | 2.0334787667 |
| 2001-01-01 | 2.7805548161 |
| 2001-02-01 | 2.9341755435 |
| 2001-03-01 | 2.4668257684 |
| 2001-04-01 | 2.3139957339 |
| 2001-05-01 | 2.2962747142 |
| 2001-06-01 | 3.0288079754 |
| 2001-07-01 | 2.9438028112 |
| 2001-08-01 | 3.1759843230 |
| 2001-09-01 | 2.9327882454 |
| 2001-10-01 | 2.5239992887 |
| 2001-11-01 | 2.5213412941 |
| 2001-12-01 | 1.9374357536 |
| 2002-01-01 | 2.3348871619 |
| 2002-02-01 | 2.5463771075 |
| 2002-03-01 | 2.2608831525 |
| 2002-04-01 | 2.0602431148 |
| 2002-05-01 | 2.5811478496 |
| 2002-06-01 | 2.7391301468 |
| 2002-07-01 | 2.7150308713 |
| 2002-08-01 | 2.7250248939 |
| 2002-09-01 | 2.7448074892 |
| 2002-10-01 | 2.5152873248 |
| 2002-11-01 | 2.3791037500 |
| 2002-12-01 | 1.7249666154 |
| 2003-01-01 | 2.4347675964 |
| 2003-02-01 | 2.1387722343 |
| 2003-03-01 | 2.1236419678 |
| 2003-04-01 | 1.9086102024 |
| 2003-05-01 | 2.3418512195 |
| 2003-06-01 | 2.4266123772 |
| 2003-07-01 | 2.4518758059 |
| 2003-08-01 | 2.5256583467 |
| 2003-09-01 | 2.6736518368 |
| 2003-10-01 | 2.3503273726 |
| 2003-11-01 | 1.9786601886 |
| 2003-12-01 | 1.8754949793 |
| 2004-01-01 | 2.2770596668 |
| 2004-02-01 | 2.1301336586 |
| 2004-03-01 | 2.1083753556 |
| 2004-04-01 | 2.3367246613 |
| 2004-05-01 | 2.1845618263 |
| 2004-06-01 | 2.4359825999 |
| 2004-07-01 | 2.7404380962 |
| 2004-08-01 | 2.4976808578 |
| 2004-09-01 | 2.8196297586 |
| 2004-10-01 | 2.5681728497 |
| 2004-11-01 | 2.1785808727 |
| 2004-12-01 | 2.0519431680 |
| 2005-01-01 | 2.3666752502 |
| 2005-02-01 | 2.4090925232 |
| 2005-03-01 | 2.2675517946 |
| 2005-04-01 | 2.2654702887 |
| 2005-05-01 | 2.1333940327 |
| 2005-06-01 | 2.7795618400 |
| 2005-07-01 | 2.4194078520 |
| 2005-08-01 | 2.6039512828 |
| 2005-09-01 | 2.9896298423 |
| 2005-10-01 | 2.4494750425 |
| 2005-11-01 | 2.3744495586 |
| 2005-12-01 | 1.9596993923 |
| 2006-01-01 | 2.2587073967 |
| 2006-02-01 | 2.3752439767 |
| 2006-03-01 | 2.2787922993 |
| 2006-04-01 | 2.0607970655 |
| 2006-05-01 | 2.2066885605 |
| 2006-06-01 | 2.8018943965 |
| 2006-07-01 | 2.6760270819 |
| 2006-08-01 | 2.5785662234 |
| 2006-09-01 | 2.8794283047 |
| 2006-10-01 | 2.2448472679 |
| 2006-11-01 | 2.2022798657 |
| 2006-12-01 | 2.0724283531 |
| 2007-01-01 | 2.1823449060 |
| 2007-02-01 | 2.1594936028 |
| 2007-03-01 | 2.4686943740 |
| 2007-04-01 | 2.2477101535 |
| 2007-05-01 | 2.4145152420 |
| 2007-06-01 | 2.5821831077 |
| 2007-07-01 | 2.8238272294 |
| 2007-08-01 | 2.6428159326 |
| 2007-09-01 | 2.8767481446 |
| 2007-10-01 | 2.3623056710 |
| 2007-11-01 | 2.3418646306 |
| 2007-12-01 | 1.8551362678 |
| 2008-01-01 | 2.2821169347 |
| 2008-02-01 | 2.3448411375 |
| 2008-03-01 | 2.2653037682 |
| 2008-04-01 | 2.1634951234 |
| 2008-05-01 | 2.5160431862 |
| 2008-06-01 | 2.5180241093 |
| 2008-07-01 | 2.6674704626 |
| 2008-08-01 | 2.8899563476 |
| 2008-09-01 | 2.7098912746 |
| 2008-10-01 | 2.5363234803 |
| 2008-11-01 | 2.0007841289 |
| 2008-12-01 | 1.8821489066 |
| 2009-01-01 | 2.0906310529 |
| 2009-02-01 | 2.2069033235 |
| 2009-03-01 | 1.9984461367 |
| 2009-04-01 | 2.0717345178 |
| 2009-05-01 | 2.3409362882 |
| 2009-06-01 | 2.3899788037 |
| 2009-07-01 | 2.3710401729 |
| 2009-08-01 | 2.3002857342 |
| 2009-09-01 | 2.5382397696 |
| 2009-10-01 | 2.2236371413 |
| 2009-11-01 | 1.8831657246 |
| 2009-12-01 | 1.7384037375 |
| 2010-01-01 | 2.0077545196 |
| 2010-02-01 | 1.9642140716 |
| 2010-03-01 | 2.0139200613 |
| 2010-04-01 | 2.1108774468 |
| 2010-05-01 | 2.0895024762 |
| 2010-06-01 | 2.1773697808 |
| 2010-07-01 | 2.5092547759 |
| 2010-08-01 | 2.3791540414 |
| 2010-09-01 | 2.6426462457 |
| 2010-10-01 | 2.0118266344 |
| 2010-11-01 | 1.9099988043 |
| 2010-12-01 | 1.7729580402 |
| 2011-01-01 | 1.8908422440 |
| 2011-02-01 | 1.8095506355 |
| 2011-03-01 | 1.9899604842 |
| 2011-04-01 | 2.0741505548 |
| 2011-05-01 | 1.9884975627 |
| 2011-06-01 | 2.4833813310 |
| 2011-07-01 | 2.3143429309 |
| 2011-08-01 | 2.3067967966 |
| 2011-09-01 | 2.6823893189 |
| 2011-10-01 | 2.1081143990 |
| 2011-11-01 | 2.0670412108 |
| 2011-12-01 | 1.6503773630 |
| 2012-01-01 | 2.1131621674 |
| 2012-02-01 | 2.0743578672 |
| 2012-03-01 | 2.0255364478 |
| 2012-04-01 | 1.8676057458 |
| 2012-05-01 | 1.9197355956 |
| 2012-06-01 | 2.5672612712 |
| 2012-07-01 | 2.3785069585 |
| 2012-08-01 | 2.4982035160 |
| 2012-09-01 | 2.4745430797 |
| 2012-10-01 | 2.1040720865 |
| 2012-11-01 | 1.9505489618 |
| 2012-12-01 | 1.8250921741 |
| 2013-01-01 | 1.8271630630 |
| 2013-02-01 | 2.1049374714 |
| 2013-03-01 | 2.0701359957 |
| 2013-04-01 | 1.8378954381 |
| 2013-05-01 | 2.1675072610 |
| 2013-06-01 | 2.3938450962 |
| 2013-07-01 | 2.2998074070 |
| 2013-08-01 | 2.5011802092 |
| 2013-09-01 | 2.4360956624 |
| 2013-10-01 | 2.1375453100 |
| 2013-11-01 | 1.9910816103 |
| 2013-12-01 | 1.6206135973 |
| 2014-01-01 | 2.2523546591 |
| 2014-02-01 | 1.9840994850 |
| 2014-03-01 | 1.9364895299 |
| 2014-04-01 | 1.9334416837 |
| 2014-05-01 | 2.1556468681 |
| 2014-06-01 | 2.4709627032 |
| 2014-07-01 | 2.5212716311 |
| 2014-08-01 | 2.5686133653 |
| 2014-09-01 | 2.7194024995 |
| 2014-10-01 | 2.3562811315 |
| 2014-11-01 | 2.1291278303 |
| 2014-12-01 | 1.7597567290 |
| 2015-01-01 | 2.1287407726 |
| 2015-02-01 | 2.0888119936 |
| 2015-03-01 | 2.2586917505 |
| 2015-04-01 | 2.2428745404 |
| 2015-05-01 | 2.1970901638 |
| 2015-06-01 | 2.6411140338 |
| 2015-07-01 | 2.7994932607 |
| 2015-08-01 | 2.4016952142 |
| 2015-09-01 | 2.6985971257 |
| 2015-10-01 | 2.5440512225 |
| 2015-11-01 | 2.1378427744 |
| 2015-12-01 | 1.9114125520 |
| 2016-01-01 | 2.1615682170 |
| 2016-02-01 | 2.0567635074 |
| 2016-03-01 | 2.0236216486 |
| 2016-04-01 | 2.0442401990 |
| 2016-05-01 | 1.9958514720 |
| 2016-06-01 | 2.6613159105 |
| 2016-07-01 | 2.5461215526 |
| 2016-08-01 | 2.4121202528 |
| 2016-09-01 | 3.0172705650 |
| 2016-10-01 | 2.2472478449 |
| 2016-11-01 | 2.0666910335 |
| 2016-12-01 | 1.9000755623 |
| 2017-01-01 | 1.9853455946 |
| 2017-02-01 | 2.1837085485 |
| 2017-03-01 | 2.2479744628 |
| 2017-04-01 | 1.9796369597 |
| 2017-05-01 | 2.2679060698 |
| 2017-06-01 | 2.5083091110 |
| 2017-07-01 | 2.4890774861 |
| 2017-08-01 | 2.3164123297 |
| 2017-09-01 | 2.9939863831 |
| 2017-10-01 | 2.2022953257 |
| 2017-11-01 | 2.0196959376 |
| 2017-12-01 | 1.6760358587 |
| 2018-01-01 | 2.0930765197 |
| 2018-02-01 | 2.1784767509 |
| 2018-03-01 | 2.0446745679 |
| 2018-04-01 | 1.8630903214 |
| 2018-05-01 | 2.0048065111 |
| 2018-06-01 | 2.5247262791 |
| 2018-07-01 | 2.4700490758 |
| 2018-08-01 | 2.6330649853 |
| 2018-09-01 | 2.3754891008 |
| 2018-10-01 | 2.0540323108 |
| 2018-11-01 | 1.9878353924 |
| 2018-12-01 | 1.8661485985 |
| 2019-01-01 | 2.1544210613 |
| 2019-02-01 | 2.2654514760 |
| 2019-03-01 | 2.1926032379 |
| 2019-04-01 | 1.8200546503 |
| 2019-05-01 | 2.2535461932 |
| 2019-06-01 | 2.1628504619 |
| 2019-07-01 | 2.6311885566 |
| 2019-08-01 | 2.5718869641 |
| 2019-09-01 | 2.4461818859 |
| 2019-10-01 | 2.1749893203 |
| 2019-11-01 | 2.0584031940 |
| 2019-12-01 | 1.9098209217 |
| 2020-01-01 | 2.2932609543 |
| 2020-02-01 | 2.0906493068 |
| 2020-03-01 | 2.0687980577 |
| 2020-04-01 | 1.7248610035 |
| 2020-05-01 | 1.7049739137 |
| 2020-06-01 | 1.8500220031 |
| 2020-07-01 | 2.0986892283 |
| 2020-08-01 | 2.2715898231 |
| 2020-09-01 | 2.3004412651 |
| 2020-10-01 | 2.3915376514 |
| 2020-11-01 | 2.1761186421 |
| 2020-12-01 | 1.7885033041 |
| 2021-01-01 | 1.9511453807 |
| 2021-02-01 | 2.1388676018 |
| 2021-03-01 | 2.1899735555 |
| 2021-04-01 | 2.1921113133 |
| 2021-05-01 | 1.9602088258 |
| 2021-06-01 | 2.2807478905 |
| 2021-07-01 | 2.8090890497 |
| 2021-08-01 | 2.3554300889 |
| 2021-09-01 | 3.0923401937 |
| 2021-10-01 | 2.2824356332 |
| 2021-11-01 | 2.2246466950 |
| 2021-12-01 | 1.9534843042 |
| 2022-01-01 | 2.4034658447 |
| 2022-02-01 | 2.3111322895 |
| 2022-03-01 | 2.3021323606 |
| 2022-04-01 | 2.3606404662 |
| 2022-05-01 | 2.2857159376 |
| 2022-06-01 | 2.6165099815 |
| 2022-07-01 | 2.4589573964 |
| 2022-08-01 | 2.6880610734 |
| 2022-09-01 | 2.9504241422 |
| 2022-10-01 | 2.4188997224 |
| 2022-11-01 | 2.2571148351 |
| 2022-12-01 | 1.9471179694 |
| 2023-01-01 | 2.1431358531 |
| 2023-02-01 | 2.3749018088 |
| 2023-03-01 | 2.2734766826 |
| 2023-04-01 | 1.8766274676 |
| 2023-05-01 | 2.0166987553 |
| 2023-06-01 | 2.6185294613 |
| 2023-07-01 | 2.6833992451 |
| 2023-08-01 | 2.2804789245 |
| 2023-09-01 | 2.8447780758 |
| 2023-10-01 | 2.1144082770 |
| 2023-11-01 | 2.2457437590 |
| 2023-12-01 | 1.7188113183 |
| 2024-01-01 | 2.0579542965 |
| 2024-02-01 | 2.1114313975 |
| 2024-03-01 | 1.9619401544 |
| 2024-04-01 | 2.0537704229 |
| 2024-05-01 | 2.2330047563 |
| 2024-06-01 | 2.3026900366 |
| 2024-07-01 | 2.3359235376 |
| 2024-08-01 | 2.7450885624 |
| 2024-09-01 | 2.7084976435 |
| 2024-10-01 | 2.3995457217 |
| 2024-11-01 | 1.9523188472 |
| 2024-12-01 | 1.7661111429 |
| 2025-01-01 | 1.9522717223 |
| 2025-02-01 | 2.0674167201 |
| 2025-03-01 | 2.3043788970 |
| 2025-04-01 | 1.9456215203 |
| 2025-05-01 | 2.3623483256 |
| 2025-06-01 | 2.1777499467 |
| 2025-07-01 | 2.3829976097 |
| 2025-08-01 | 2.4998983368 |
| 2025-09-01 | 2.6090433821 |
| 2025-10-01 | 2.2393361680 |
| 2025-11-01 | 2.0706411634 |
| 2025-12-01 | 1.9533429295 |
| 2026-01-01 | 2.2483522072 |
| 2026-02-01 | 2.1061601117 |
| 2026-03-01 | 2.2590734065 |
| 2026-04-01 | 2.2943612188 |
| 2026-05-01 | 2.2477626801 |
| 2026-06-01 | 2.3285236210 |
| 2026-07-01 | 2.1728700027 |
| 2026-08-01 | 2.4163499475 |
| 2026-09-01 | 2.6158483699 |