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 FMPSA
Source Federal Reserve Bank of Philadelphia
Release Fujita, Moscarini, and Postel-Vinay Employer-to-Employer Transition Probability
Seasonal Adjustment Seasonally Adjusted
Frequency Monthly
Units Percent
Date Range 1995-10-01 to 2026-04-01
Last Updated 2026-05-15 1:00 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 2.8512350971298300
1995-11-01 3.0753649010919700
1995-12-01 2.6773461113650700
1996-01-01 2.7887987790291600
1996-02-01 2.8622790849841600
1996-03-01 2.8042430286111300
1996-04-01 2.8351485735243900
1996-05-01 3.0461303632557900
1996-06-01 2.8391997195775200
1996-07-01 2.6913300227704200
1996-08-01 2.9182710642667500
1996-09-01 2.7553942675966100
1996-10-01 2.5474400395103000
1996-11-01 2.8650851801059902
1996-12-01 2.5789219427347900
1997-01-01 2.9526397219769600
1997-02-01 2.7560283958686000
1997-03-01 2.8381938438537800
1997-04-01 2.6956346280188500
1997-05-01 2.8486038096243100
1997-06-01 2.7282674750886400
1997-07-01 2.6859421568572300
1997-08-01 2.8944037889794900
1997-09-01 2.8286615476541000
1997-10-01 3.0013113250114700
1997-11-01 2.7681983974436900
1997-12-01 2.9689338171592500
1998-01-01 2.7002938316749100
1998-02-01 2.7654867627366500
1998-03-01 2.7185497449736300
1998-04-01 3.2759087841988603
1998-05-01 2.6398506843293500
1998-06-01 2.7026997923503600
1998-07-01 2.9080313723439100
1998-08-01 2.7056064290753000
1998-09-01 2.6177515507956800
1998-10-01 2.8631419011441404
1998-11-01 2.5230325986779700
1998-12-01 2.8679130600235300
1999-01-01 2.6240808052043100
1999-02-01 2.6525426598064700
1999-03-01 2.6360100445734203
1999-04-01 3.2193618548420400
1999-05-01 2.6175125969471500
1999-06-01 2.6061593176968700
1999-07-01 2.8117112744570800
1999-08-01 2.6299034334074600
1999-09-01 3.1175075638310200
1999-10-01 2.6558665551472500
1999-11-01 2.7148483346955500
1999-12-01 3.2684245200699300
2000-01-01 2.8397947028623700
2000-02-01 2.7648876793934503
2000-03-01 3.0219803273665600
2000-04-01 2.9120787088189700
2000-05-01 2.9529894295715800
2000-06-01 3.0345292948208400
2000-07-01 2.6785300353974297
2000-08-01 2.6837748603525700
2000-09-01 2.9704861345206600
2000-10-01 2.7583232349053000
2000-11-01 2.8672551845238600
2000-12-01 2.5530637213303500
2001-01-01 2.8350258971286000
2001-02-01 3.0085875368797700
2001-03-01 2.6473900211235400
2001-04-01 2.6939818975066800
2001-05-01 2.4152301161352000
2001-06-01 2.7013043650146600
2001-07-01 2.6228871409235400
2001-08-01 2.9321905746307600
2001-09-01 2.4873831987074600
2001-10-01 2.4429086126987900
2001-11-01 2.6156267919091200
2001-12-01 2.4529918936082100
2002-01-01 2.3522499263117203
2002-02-01 2.6080932737479700
2002-03-01 2.4328528427465903
2002-04-01 2.3916064699702800
2002-05-01 2.7157672014437697
2002-06-01 2.4543745357039500
2002-07-01 2.4274758241244300
2002-08-01 2.5004671422583400
2002-09-01 2.3221275392048697
2002-10-01 2.4355397770333300
2002-11-01 2.4819982389216700
2002-12-01 2.1743923092340800
2003-01-01 2.4564008892910300
2003-02-01 2.1919341467923603
2003-03-01 2.2876352504842300
2003-04-01 2.2045667951983603
2003-05-01 2.4668845752650600
2003-06-01 2.1857280654310500
2003-07-01 2.1861227689687200
2003-08-01 2.3112129451163300
2003-09-01 2.2563588711377403
2003-10-01 2.2756758850712497
2003-11-01 2.0840069660984100
2003-12-01 2.3316157544054000
2004-01-01 2.3149780276526200
2004-02-01 2.2010207928553400
2004-03-01 2.2623707839810700
2004-04-01 2.6695973717214700
2004-05-01 2.3037076501843400
2004-06-01 2.2084025901993400
2004-07-01 2.4265689829183500
2004-08-01 2.2839886402188100
2004-09-01 2.3642645827358000
2004-10-01 2.5083747630497600
2004-11-01 2.3156251020594800
2004-12-01 2.5168633261398803
2005-01-01 2.4415488621503300
2005-02-01 2.5096235045992700
2005-03-01 2.4107800189065700
2005-04-01 2.5579703153199800
2005-05-01 2.2314128482798400
2005-06-01 2.5332777903421500
2005-07-01 2.1317623075382700
2005-08-01 2.3898993383610700
2005-09-01 2.4960414113045900
2005-10-01 2.4101254423183600
2005-11-01 2.5459847758831900
2005-12-01 2.3848810635660800
2006-01-01 2.3671404968269000
2006-02-01 2.4818811778184400
2006-03-01 2.4124560192260000
2006-04-01 2.2898392115527400
2006-05-01 2.2827631092259400
2006-06-01 2.5587366402612300
2006-07-01 2.3560587700740000
2006-08-01 2.3718975386598102
2006-09-01 2.4029679634248904
2006-10-01 2.2214967930445600
2006-11-01 2.3709531513380500
2006-12-01 2.5252296851284700
2007-01-01 2.3224042360415400
2007-02-01 2.2520829347779200
2007-03-01 2.6122892271602100
2007-04-01 2.4628461565230200
2007-05-01 2.4575779407868903
2007-06-01 2.3671120777058000
2007-07-01 2.4832695251741400
2007-08-01 2.4233696466112000
2007-09-01 2.4020568850941300
2007-10-01 2.3466353911312400
2007-11-01 2.5361641138951800
2007-12-01 2.2584698741646600
2008-01-01 2.4524303489474000
2008-02-01 2.4683744362999400
2008-03-01 2.4100480295862700
2008-04-01 2.3469437134197300
2008-05-01 2.5456726419511300
2008-06-01 2.3217483961796800
2008-07-01 2.3677711767451300
2008-08-01 2.6564970084050000
2008-09-01 2.2693213697261200
2008-10-01 2.5432780854585504
2008-11-01 2.1894736596784100
2008-12-01 2.3244030678895500
2009-01-01 2.2586439356759200
2009-02-01 2.3505276708003200
2009-03-01 2.1438794701013500
2009-04-01 2.2378869846599200
2009-05-01 2.3808805282647500
2009-06-01 2.2030305979165100
2009-07-01 2.1210851501160400
2009-08-01 2.1100151189290200
2009-09-01 2.1324573203070700
2009-10-01 2.2439615115966900
2009-11-01 2.0862135035119300
2009-12-01 2.1576610945571800
2010-01-01 2.1735413200107300
2010-02-01 2.1019413819814500
2010-03-01 2.1657362807549100
2010-04-01 2.2709218677409600
2010-05-01 2.1390480804811403
2010-06-01 1.9782335242008600
2010-07-01 2.2575951172061600
2010-08-01 2.1616429947118200
2010-09-01 2.2184427001335503
2010-10-01 2.0282605492958200
2010-11-01 2.1012405068120000
2010-12-01 2.2063678285277400
2011-01-01 2.0280974298444700
2011-02-01 1.9300116192131400
2011-03-01 2.1381227894882300
2011-04-01 2.2501093223061100
2011-05-01 2.0568732682678100
2011-06-01 2.2225366188277300
2011-07-01 2.0855207155522700
2011-08-01 2.0633420772655800
2011-09-01 2.2474304585855400
2011-10-01 2.1262962161199200
2011-11-01 2.2576485953294000
2011-12-01 2.0535021480835200
2012-01-01 2.2573776848338800
2012-02-01 2.2138201827752400
2012-03-01 2.1612190406599400
2012-04-01 2.0411394978848403
2012-05-01 1.9985385832789700
2012-06-01 2.2719287912174297
2012-07-01 2.1366378004231700
2012-08-01 2.2208861806014200
2012-09-01 2.0771288585148500
2012-10-01 2.1117378932339803
2012-11-01 2.1037685202939500
2012-12-01 2.2839241208235900
2013-01-01 1.9393453806937700
2013-02-01 2.2495554776022800
2013-03-01 2.2029961792404000
2013-04-01 2.0247699754851700
2013-05-01 2.2668967556224200
2013-06-01 2.0977615135546900
2013-07-01 2.0464085862994700
2013-08-01 2.2165077732369800
2013-09-01 2.0578901680194100
2013-10-01 2.1269722449373000
2013-11-01 2.1399641594531400
2013-12-01 2.0229037320676500
2014-01-01 2.3830035932400900
2014-02-01 2.1166882217784100
2014-03-01 2.0500298436130300
2014-04-01 2.1409093555221900
2014-05-01 2.2432730483811900
2014-06-01 2.1558650800089000
2014-07-01 2.2258603008362203
2014-08-01 2.2968614553242404
2014-09-01 2.3151814901541200
2014-10-01 2.3189254117003600
2014-11-01 2.2830465425445200
2014-12-01 2.1900677180719200
2015-01-01 2.2369693253465504
2015-02-01 2.2159814342942696
2015-03-01 2.3873491137977800
2015-04-01 2.4863445186530000
2015-05-01 2.2811510369164600
2015-06-01 2.2787181729969200
2015-07-01 2.4462153891846400
2015-08-01 2.1632000718088102
2015-09-01 2.3125596270434800
2015-10-01 2.5045683865868003
2015-11-01 2.2973527030436100
2015-12-01 2.3573898960480400
2016-01-01 2.2595819741270200
2016-02-01 2.1576862614629100
2016-03-01 2.1154668617587700
2016-04-01 2.2702368687785100
2016-05-01 2.0614538853262700
2016-06-01 2.3342202475036100
2016-07-01 2.2080460916543500
2016-08-01 2.1928629052041300
2016-09-01 2.6119188829918100
2016-10-01 2.2227120159333600
2016-11-01 2.2166168365650800
2016-12-01 2.3106809503572200
2017-01-01 2.0420441520574900
2017-02-01 2.2462750414315300
2017-03-01 2.3254605426406800
2017-04-01 2.2161147578187000
2017-05-01 2.3604872313861200
2017-06-01 2.2275413574486698
2017-07-01 2.1570186565968100
2017-08-01 2.0946753272180803
2017-09-01 2.6146411490104900
2017-10-01 2.1991359234775900
2017-11-01 2.1514705160893097
2017-12-01 1.9980760979347100
2018-01-01 2.1329495391968600
2018-02-01 2.1960868507737400
2018-03-01 2.0795159863470500
2018-04-01 2.0967383260639902
2018-05-01 2.0989547566142300
2018-06-01 2.3091829398181000
2018-07-01 2.1394026640867900
2018-08-01 2.3710444189706200
2018-09-01 2.0660208686898600
2018-10-01 2.0634938398666502
2018-11-01 2.0923461171961600
2018-12-01 2.2011478943232600
2019-01-01 2.1754325525540700
2019-02-01 2.2538580482127900
2019-03-01 2.2150646194973500
2019-04-01 2.0346662908791800
2019-05-01 2.3928620357024600
2019-06-01 2.0249028562458600
2019-07-01 2.2932341193577400
2019-08-01 2.2944091575651800
2019-09-01 2.1007537917560897
2019-10-01 2.1920015764961502
2019-11-01 2.1402661318706200
2019-12-01 2.2412774417029400
2020-01-01 2.3247418728091302
2020-02-01 2.0662259549910500
2020-03-01 2.0770124274654100
2020-04-01 1.9108542712898100
2020-05-01 1.8304415484163600
2020-06-01 1.7710456759167998
2020-07-01 1.8217233661967600
2020-08-01 2.0306196365696900
2020-09-01 1.9286981523582800
2020-10-01 2.4123281128893900
2020-11-01 2.2380963438980500
2020-12-01 2.1038501448923200
2021-01-01 1.9821518864622200
2021-02-01 2.1222333212661800
2021-03-01 2.2144695407451600
2021-04-01 2.3951350939272400
2021-05-01 2.1211273437882200
2021-06-01 2.1994080579913500
2021-07-01 2.4573507772912400
2021-08-01 2.0920909570222200
2021-09-01 2.5410935842253800
2021-10-01 2.2788585300709400
2021-11-01 2.2747207553510900
2021-12-01 2.3191766337320800
2022-01-01 2.4907255975867097
2022-02-01 2.3132977484228300
2022-03-01 2.3329762496361700
2022-04-01 2.5545033584293600
2022-05-01 2.4586709372926500
2022-06-01 2.5273590444268400
2022-07-01 2.1506416792520900
2022-08-01 2.3883053337812300
2022-09-01 2.3747072313607600
2022-10-01 2.3934767397223000
2022-11-01 2.3157052037186000
2022-12-01 2.3393848527234400
2023-01-01 2.2375958867384700
2023-02-01 2.4116886095343200
2023-03-01 2.3196937056935200
2023-04-01 2.0051152776331502
2023-05-01 2.1286299108153000
2023-06-01 2.5029880122370500
2023-07-01 2.3763960899267500
2023-08-01 1.9967409724453100
2023-09-01 2.2740375910510800
2023-10-01 2.0634188732026000
2023-11-01 2.3286345812359600
2023-12-01 2.0713862968513900
2024-01-01 2.1696440862257200
2024-02-01 2.1597472391486300
2024-03-01 1.9924945409715400
2024-04-01 2.2011639613762500
2024-05-01 2.3158318450233700
2024-06-01 2.1824164291019400
2024-07-01 2.0690960099620400
2024-08-01 2.3917031627997300
2024-09-01 2.1632640577335600
2024-10-01 2.3348929585159400
2024-11-01 2.0342127349519600
2024-12-01 2.1265667525175900
2025-01-01 2.0514631267313000
2025-02-01 2.1323844212635700
2025-03-01 2.3483645574205500
2025-04-01 2.0841109200316200
2025-05-01 2.4292007404374103
2025-06-01 2.0559510227998200
2025-07-01 2.1168718811357900
2025-08-01 2.1552604591567600
2025-09-01 2.0860283371624700
2025-10-01 2.1676090316867700
2025-11-01 2.1580423675910700
2025-12-01 2.3561106364939100
2026-01-01 2.3755486466197400
2026-02-01 2.1786898417837600
2026-03-01 2.2956944763951700
2026-04-01 2.4628382736810500

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