Table 1. Private sector gross job gains and job losses, annual March to March Information (In thousands) Gross job gains Gross job losses Year ended Net change(1) Total Expanding Opening Total Contracting Closing establishments establishments establishments establishments March 1994 45 367 245 122 322 216 106 March 1995 124 446 298 148 322 214 108 March 1996 64 447 297 150 383 269 114 March 1997 175 533 345 188 358 230 128 March 1998 118 560 372 188 442 241 201 March 1999 90 558 365 193 468 272 196 March 2000 260 683 424 259 423 265 158 March 2001 122 653 457 196 531 324 207 March 2002 -292 441 269 172 733 498 235 March 2003 -209 333 222 111 542 383 159 March 2004 -74 329 239 90 403 288 115 March 2005 -56 317 240 77 373 242 131 March 2006 5 328 238 90 323 227 96 March 2007 14 324 245 79 310 225 85 March 2008 8 335 252 83 327 239 88 March 2009 -150 261 193 68 411 310 101 March 2010 -134 208 153 55 342 273 69 March 2011 -32 243 185 58 275 209 66 March 2012 -9 253 194 59 262 188 74 (1) Net change is the difference between total gross job gains and total gross job losses.