Observation:
Oct 2024: 2.41826 (+ more) Updated: Nov 22, 2024 10:38 AM CSTOct 2024: | 2.41826 | |
Sep 2024: | 2.71332 | |
Aug 2024: | 2.77225 | |
Jul 2024: | 2.36346 | |
Jun 2024: | 2.31681 | |
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Units:
Percent,Frequency:
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Source: Federal Reserve Bank of Philadelphia
Release: Fujita, Moscarini, and Postel-Vinay Employer-to-Employer Transition Probability
Units: Percent, Not Seasonally Adjusted
Frequency: Monthly
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.
Federal Reserve Bank of Philadelphia, Average Probability of U.S. Workers Making Employer to Employer Transitions [FMPNSA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/FMPNSA, .