Table Data - 3-Month Moving Average of Average Probability of U.S. Workers Making Employer to Employer Transitions
| Title | 3-Month Moving Average of Average Probability of U.S. Workers Making Employer to Employer Transitions |
|---|---|
| Series ID | FMPSA3MA |
| 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 | 1995-12-01 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 |
|---|---|
| 1995-12-01 | 2.8679723131 |
| 1996-01-01 | 2.8471668182 |
| 1996-02-01 | 2.7761389053 |
| 1996-03-01 | 2.8184399912 |
| 1996-04-01 | 2.8338867164 |
| 1996-05-01 | 2.8951812572 |
| 1996-06-01 | 2.9068366831 |
| 1996-07-01 | 2.8589018128 |
| 1996-08-01 | 2.8162724221 |
| 1996-09-01 | 2.7883516446 |
| 1996-10-01 | 2.7403801122 |
| 1996-11-01 | 2.7226484365 |
| 1996-12-01 | 2.6637871879 |
| 1997-01-01 | 2.7988596776 |
| 1997-02-01 | 2.7625091155 |
| 1997-03-01 | 2.8489527842 |
| 1997-04-01 | 2.7632816653 |
| 1997-05-01 | 2.7941506810 |
| 1997-06-01 | 2.7575138745 |
| 1997-07-01 | 2.7542912391 |
| 1997-08-01 | 2.7695533855 |
| 1997-09-01 | 2.8030414002 |
| 1997-10-01 | 2.9081569581 |
| 1997-11-01 | 2.8660811303 |
| 1997-12-01 | 2.9127297852 |
| 1998-01-01 | 2.8123892688 |
| 1998-02-01 | 2.8114522875 |
| 1998-03-01 | 2.7280710284 |
| 1998-04-01 | 2.9199426753 |
| 1998-05-01 | 2.8781870554 |
| 1998-06-01 | 2.8729104621 |
| 1998-07-01 | 2.7502956811 |
| 1998-08-01 | 2.7721162603 |
| 1998-09-01 | 2.7438262637 |
| 1998-10-01 | 2.7288561886 |
| 1998-11-01 | 2.6679995690 |
| 1998-12-01 | 2.7512099446 |
| 1999-01-01 | 2.6715028572 |
| 1999-02-01 | 2.7145994723 |
| 1999-03-01 | 2.6374261805 |
| 1999-04-01 | 2.8358503851 |
| 1999-05-01 | 2.8245718625 |
| 1999-06-01 | 2.8146284206 |
| 1999-07-01 | 2.6787586282 |
| 1999-08-01 | 2.6825327739 |
| 1999-09-01 | 2.8530166836 |
| 1999-10-01 | 2.8010688682 |
| 1999-11-01 | 2.8294003711 |
| 1999-12-01 | 2.8794542723 |
| 2000-01-01 | 2.9407293451 |
| 2000-02-01 | 2.9572923487 |
| 2000-03-01 | 2.8753252617 |
| 2000-04-01 | 2.8994140699 |
| 2000-05-01 | 2.9629692477 |
| 2000-06-01 | 2.9671547979 |
| 2000-07-01 | 2.8893171357 |
| 2000-08-01 | 2.7987777597 |
| 2000-09-01 | 2.7774682434 |
| 2000-10-01 | 2.8040707326 |
| 2000-11-01 | 2.8652730632 |
| 2000-12-01 | 2.7259430468 |
| 2001-01-01 | 2.7514841282 |
| 2001-02-01 | 2.7984679287 |
| 2001-03-01 | 2.8300442302 |
| 2001-04-01 | 2.7830174873 |
| 2001-05-01 | 2.5862025731 |
| 2001-06-01 | 2.6041677590 |
| 2001-07-01 | 2.5804762376 |
| 2001-08-01 | 2.7518723946 |
| 2001-09-01 | 2.6805968465 |
| 2001-10-01 | 2.6206195351 |
| 2001-11-01 | 2.5151714271 |
| 2001-12-01 | 2.5035672555 |
| 2002-01-01 | 2.4733486360 |
| 2002-02-01 | 2.4707436679 |
| 2002-03-01 | 2.4641523114 |
| 2002-04-01 | 2.4772533997 |
| 2002-05-01 | 2.5142857828 |
| 2002-06-01 | 2.5214422218 |
| 2002-07-01 | 2.5333733696 |
| 2002-08-01 | 2.4604841540 |
| 2002-09-01 | 2.4164103800 |
| 2002-10-01 | 2.4191193382 |
| 2002-11-01 | 2.4130293945 |
| 2002-12-01 | 2.3637404907 |
| 2003-01-01 | 2.3707398540 |
| 2003-02-01 | 2.2740442888 |
| 2003-03-01 | 2.3118826026 |
| 2003-04-01 | 2.2279393526 |
| 2003-05-01 | 2.3205377009 |
| 2003-06-01 | 2.2863860946 |
| 2003-07-01 | 2.2801964413 |
| 2003-08-01 | 2.2273459836 |
| 2003-09-01 | 2.2510245246 |
| 2003-10-01 | 2.2807696355 |
| 2003-11-01 | 2.2050609588 |
| 2003-12-01 | 2.2301494483 |
| 2004-01-01 | 2.2434166233 |
| 2004-02-01 | 2.2824812526 |
| 2004-03-01 | 2.2596789579 |
| 2004-04-01 | 2.3778998564 |
| 2004-05-01 | 2.4127697931 |
| 2004-06-01 | 2.3942272308 |
| 2004-07-01 | 2.3131645877 |
| 2004-08-01 | 2.3059105157 |
| 2004-09-01 | 2.3581468561 |
| 2004-10-01 | 2.3851477234 |
| 2004-11-01 | 2.3956293040 |
| 2004-12-01 | 2.4464530425 |
| 2005-01-01 | 2.4244143154 |
| 2005-02-01 | 2.4892487375 |
| 2005-03-01 | 2.4545221694 |
| 2005-04-01 | 2.4936430002 |
| 2005-05-01 | 2.4013581761 |
| 2005-06-01 | 2.4411521015 |
| 2005-07-01 | 2.2989417931 |
| 2005-08-01 | 2.3512040926 |
| 2005-09-01 | 2.3393424643 |
| 2005-10-01 | 2.4310764492 |
| 2005-11-01 | 2.4829535256 |
| 2005-12-01 | 2.4457920617 |
| 2006-01-01 | 2.4322990542 |
| 2006-02-01 | 2.4112885840 |
| 2006-03-01 | 2.4215103266 |
| 2006-04-01 | 2.3964156140 |
| 2006-05-01 | 2.3304678894 |
| 2006-06-01 | 2.3775890577 |
| 2006-07-01 | 2.3993315703 |
| 2006-08-01 | 2.4282045502 |
| 2006-09-01 | 2.3770055197 |
| 2006-10-01 | 2.3304944099 |
| 2006-11-01 | 2.3302137493 |
| 2006-12-01 | 2.3709968601 |
| 2007-01-01 | 2.4059422533 |
| 2007-02-01 | 2.3670733615 |
| 2007-03-01 | 2.3976785265 |
| 2007-04-01 | 2.4459296911 |
| 2007-05-01 | 2.5151043078 |
| 2007-06-01 | 2.4311071201 |
| 2007-07-01 | 2.4372687053 |
| 2007-08-01 | 2.4243671577 |
| 2007-09-01 | 2.4369429994 |
| 2007-10-01 | 2.3890142826 |
| 2007-11-01 | 2.4271267954 |
| 2007-12-01 | 2.3797713117 |
| 2008-01-01 | 2.4172021661 |
| 2008-02-01 | 2.3939333236 |
| 2008-03-01 | 2.4427134159 |
| 2008-04-01 | 2.4042940600 |
| 2008-05-01 | 2.4281292337 |
| 2008-06-01 | 2.3966925489 |
| 2008-07-01 | 2.4039068834 |
| 2008-08-01 | 2.4400330902 |
| 2008-09-01 | 2.4227051572 |
| 2008-10-01 | 2.4785829988 |
| 2008-11-01 | 2.3227059828 |
| 2008-12-01 | 2.3407046887 |
| 2009-01-01 | 2.2479662528 |
| 2009-02-01 | 2.3013596941 |
| 2009-03-01 | 2.2401051525 |
| 2009-04-01 | 2.2308195542 |
| 2009-05-01 | 2.2392527470 |
| 2009-06-01 | 2.2587662122 |
| 2009-07-01 | 2.2200443012 |
| 2009-08-01 | 2.1302516234 |
| 2009-09-01 | 2.1062698912 |
| 2009-10-01 | 2.1452920902 |
| 2009-11-01 | 2.1362536785 |
| 2009-12-01 | 2.1435569972 |
| 2010-01-01 | 2.1218074134 |
| 2010-02-01 | 2.1281031487 |
| 2010-03-01 | 2.1322805756 |
| 2010-04-01 | 2.1658937138 |
| 2010-05-01 | 2.1791338201 |
| 2010-06-01 | 2.1177079246 |
| 2010-07-01 | 2.1135245470 |
| 2010-08-01 | 2.1211453671 |
| 2010-09-01 | 2.2007393109 |
| 2010-10-01 | 2.1233309693 |
| 2010-11-01 | 2.1029982496 |
| 2010-12-01 | 2.0987508096 |
| 2011-01-01 | 2.0997479747 |
| 2011-02-01 | 2.0433668314 |
| 2011-03-01 | 2.0216407701 |
| 2011-04-01 | 2.0966749853 |
| 2011-05-01 | 2.1395828308 |
| 2011-06-01 | 2.1680737670 |
| 2011-07-01 | 2.1133246724 |
| 2011-08-01 | 2.1157799447 |
| 2011-09-01 | 2.1241484530 |
| 2011-10-01 | 2.1372017037 |
| 2011-11-01 | 2.2020576533 |
| 2011-12-01 | 2.1375638764 |
| 2012-01-01 | 2.1824492337 |
| 2012-02-01 | 2.1684306808 |
| 2012-03-01 | 2.2049714444 |
| 2012-04-01 | 2.1331574118 |
| 2012-05-01 | 2.0614578836 |
| 2012-06-01 | 2.0981470539 |
| 2012-07-01 | 2.1303069937 |
| 2012-08-01 | 2.2046882090 |
| 2012-09-01 | 2.1404173463 |
| 2012-10-01 | 2.1323004221 |
| 2012-11-01 | 2.0936227798 |
| 2012-12-01 | 2.1628400476 |
| 2013-01-01 | 2.1056565599 |
| 2013-02-01 | 2.1547552415 |
| 2013-03-01 | 2.1284724671 |
| 2013-04-01 | 2.1573453757 |
| 2013-05-01 | 2.1636212792 |
| 2013-06-01 | 2.1276547854 |
| 2013-07-01 | 2.1352856402 |
| 2013-08-01 | 2.1184383948 |
| 2013-09-01 | 2.1063657413 |
| 2013-10-01 | 2.1335112938 |
| 2013-11-01 | 2.1086117184 |
| 2013-12-01 | 2.0972831246 |
| 2014-01-01 | 2.1830905805 |
| 2014-02-01 | 2.1755228375 |
| 2014-03-01 | 2.1848245029 |
| 2014-04-01 | 2.1039356317 |
| 2014-05-01 | 2.1463962071 |
| 2014-06-01 | 2.1805966138 |
| 2014-07-01 | 2.2096376318 |
| 2014-08-01 | 2.2272207581 |
| 2014-09-01 | 2.2822364202 |
| 2014-10-01 | 2.3133885193 |
| 2014-11-01 | 2.3096189240 |
| 2014-12-01 | 2.2682333547 |
| 2015-01-01 | 2.2412347907 |
| 2015-02-01 | 2.2191473907 |
| 2015-03-01 | 2.2851427272 |
| 2015-04-01 | 2.3687720570 |
| 2015-05-01 | 2.3908838865 |
| 2015-06-01 | 2.3603883216 |
| 2015-07-01 | 2.3473612473 |
| 2015-08-01 | 2.3078891169 |
| 2015-09-01 | 2.3140957514 |
| 2015-10-01 | 2.3332935431 |
| 2015-11-01 | 2.3786427752 |
| 2015-12-01 | 2.3937075573 |
| 2016-01-01 | 2.3123455452 |
| 2016-02-01 | 2.2658979934 |
| 2016-03-01 | 2.1852751278 |
| 2016-04-01 | 2.1891011424 |
| 2016-05-01 | 2.1571291047 |
| 2016-06-01 | 2.2287862674 |
| 2016-07-01 | 2.2084383013 |
| 2016-08-01 | 2.2525043046 |
| 2016-09-01 | 2.3473720681 |
| 2016-10-01 | 2.3521532328 |
| 2016-11-01 | 2.3604655724 |
| 2016-12-01 | 2.2598731994 |
| 2017-01-01 | 2.1999638689 |
| 2017-02-01 | 2.2102376450 |
| 2017-03-01 | 2.2154421744 |
| 2017-04-01 | 2.2737762326 |
| 2017-05-01 | 2.3119444096 |
| 2017-06-01 | 2.2782825620 |
| 2017-07-01 | 2.2589717895 |
| 2017-08-01 | 2.1704787058 |
| 2017-09-01 | 2.3011287611 |
| 2017-10-01 | 2.3152748214 |
| 2017-11-01 | 2.3345158801 |
| 2017-12-01 | 2.1287029234 |
| 2018-01-01 | 2.1066779901 |
| 2018-02-01 | 2.1215988440 |
| 2018-03-01 | 2.1492125894 |
| 2018-04-01 | 2.1377547224 |
| 2018-05-01 | 2.1057369946 |
| 2018-06-01 | 2.1815431657 |
| 2018-07-01 | 2.1960589077 |
| 2018-08-01 | 2.2868588878 |
| 2018-09-01 | 2.2067608431 |
| 2018-10-01 | 2.1813302343 |
| 2018-11-01 | 2.0887887033 |
| 2018-12-01 | 2.1343596778 |
| 2019-01-01 | 2.1715773403 |
| 2019-02-01 | 2.2254508509 |
| 2019-03-01 | 2.2301204711 |
| 2019-04-01 | 2.1841598510 |
| 2019-05-01 | 2.2309271623 |
| 2019-06-01 | 2.1677264008 |
| 2019-07-01 | 2.2549178784 |
| 2019-08-01 | 2.2221655542 |
| 2019-09-01 | 2.2471232297 |
| 2019-10-01 | 2.2123512319 |
| 2019-11-01 | 2.1614709118 |
| 2019-12-01 | 2.2093213730 |
| 2020-01-01 | 2.2536023537 |
| 2020-02-01 | 2.2287990308 |
| 2020-03-01 | 2.1736675036 |
| 2020-04-01 | 2.0342057089 |
| 2020-05-01 | 1.9546562801 |
| 2020-06-01 | 1.8527968162 |
| 2020-07-01 | 1.8260120844 |
| 2020-08-01 | 1.8938220715 |
| 2020-09-01 | 1.9459202269 |
| 2020-10-01 | 2.1421278857 |
| 2020-11-01 | 2.2118229781 |
| 2020-12-01 | 2.2713614927 |
| 2021-01-01 | 2.1279156946 |
| 2021-02-01 | 2.0889808420 |
| 2021-03-01 | 2.1255463634 |
| 2021-04-01 | 2.2612603424 |
| 2021-05-01 | 2.2610098589 |
| 2021-06-01 | 2.2571587669 |
| 2021-07-01 | 2.2846523950 |
| 2021-08-01 | 2.2756350980 |
| 2021-09-01 | 2.3887572400 |
| 2021-10-01 | 2.3256165701 |
| 2021-11-01 | 2.3871008637 |
| 2021-12-01 | 2.3142989342 |
| 2022-01-01 | 2.3851569386 |
| 2022-02-01 | 2.3981695679 |
| 2022-03-01 | 2.4018915220 |
| 2022-04-01 | 2.4202507750 |
| 2022-05-01 | 2.4635282155 |
| 2022-06-01 | 2.5303031009 |
| 2022-07-01 | 2.4032134334 |
| 2022-08-01 | 2.3859459834 |
| 2022-09-01 | 2.3342620760 |
| 2022-10-01 | 2.4118287182 |
| 2022-11-01 | 2.3883208089 |
| 2022-12-01 | 2.3779746652 |
| 2023-01-01 | 2.3257261538 |
| 2023-02-01 | 2.3563796704 |
| 2023-03-01 | 2.3456936064 |
| 2023-04-01 | 2.2633975068 |
| 2023-05-01 | 2.1584346369 |
| 2023-06-01 | 2.2244761398 |
| 2023-07-01 | 2.3643282843 |
| 2023-08-01 | 2.3343830080 |
| 2023-09-01 | 2.2570006714 |
| 2023-10-01 | 2.1427578053 |
| 2023-11-01 | 2.2523575553 |
| 2023-12-01 | 2.1860948487 |
| 2024-01-01 | 2.2208926006 |
| 2024-02-01 | 2.1625976850 |
| 2024-03-01 | 2.1302897581 |
| 2024-04-01 | 2.1324607427 |
| 2024-05-01 | 2.1652135472 |
| 2024-06-01 | 2.2366783552 |
| 2024-07-01 | 2.2161839325 |
| 2024-08-01 | 2.2677344015 |
| 2024-09-01 | 2.2595465366 |
| 2024-10-01 | 2.3353632752 |
| 2024-11-01 | 2.2123300100 |
| 2024-12-01 | 2.2009738787 |
| 2025-01-01 | 2.1045296820 |
| 2025-02-01 | 2.1336915408 |
| 2025-03-01 | 2.1974461366 |
| 2025-04-01 | 2.1976200164 |
| 2025-05-01 | 2.2684978631 |
| 2025-06-01 | 2.1848414866 |
| 2025-07-01 | 2.2331478423 |
| 2025-08-01 | 2.1760720529 |
| 2025-09-01 | 2.1823826380 |
| 2025-10-01 | 2.1749029830 |
| 2025-11-01 | 2.1736323246 |
| 2025-12-01 | 2.2639761462 |
| 2026-01-01 | 2.3314138869 |
| 2026-02-01 | 2.3352308183 |
| 2026-03-01 | 2.3051149884 |
| 2026-04-01 | 2.3214733052 |
| 2026-05-01 | 2.3292086664 |
| 2026-06-01 | 2.3143529413 |
| 2026-07-01 | 2.1774264189 |
| 2026-08-01 | 2.1389433949 |