3-Month Moving Average of Average Probability of U.S. Workers Making Employer to Employer Transitions (FMPSA3MA)

Source: Federal Reserve Bank of Philadelphia  

Release: Fujita, Moscarini, and Postel-Vinay Employer-to-Employer Transition Probability  

Units:  Percent, 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.