Observations

Dec 2025: 1.94005

Updated: Jan 21, 2026 2:18 PM CST

Units:

Percent,

Not Seasonally Adjusted

Frequency:

Monthly

Notes

Title	Release Dates

Average Probability of U.S. Workers Making Employer to Employer Transitions	2024-09-13	2026-01-21

Source

Federal Reserve Bank of Philadelphia	2024-09-13	2026-01-21

Release

Fujita, Moscarini, and Postel-Vinay Employer-to-Employer Transition Probability	2024-09-13	2026-01-21

Units

Percent	2024-09-13	2026-01-21

Frequency

Monthly	2024-09-13	2026-01-21

Seasonal Adjustment

Not Seasonally Adjusted	2024-09-13	2026-01-21

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.	2024-09-13	2026-01-21

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