Federal Reserve Economic Data

FRED Adds New Employer-to-Employer Transition Probability Data

FRED has added 3 data series for the Fujita, Moscarini, and Postel-Vinay (FMP) Employer-to-Employer (E2E) Transition Probability.

The E2E Transition Probability is a monthly measure of the rate at which U.S. workers transition from one employer to another in a given month. Fujita, Moscarini, and Postel-Vinay analyze data from the U.S. Bureau of Labor Statistics’ Current Population Survey to estimate the percentage of workers who changed employers in the previous month. The E2E Transition Probability provides a timely gauge of the pace of worker reallocation in the U.S. labor market. More details are available here.

Posted in FRED Announcements

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