Federal Reserve Economic Data

Average Probability of U.S. Workers Making Employer to Employer Transitions (FMPNSA)

Feb 2025: 2.10823
Updated: Mar 14, 2025 1:00 PM CDT
Feb 2025:  2.10823  
Jan 2025:  1.99701  
Dec 2024:  1.80717  
Nov 2024:  1.99432  
Oct 2024:  2.43367  
View All

Units:

Percent,
Not Seasonally Adjusted

Frequency:

Monthly

Fullscreen

Notes

Source: Federal Reserve Bank of Philadelphia  

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

Units:  Percent, Not Seasonally Adjusted

Frequency:  Monthly

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.

Suggested Citation:

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, .

Release Tables


Subscribe to the FRED newsletter


Follow us

Back to Top