Table 1. Private sector gross job gains and job losses, annual March to March

Financial activities

(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                   175          977           626          351           802            500         302
March 1995                   -39          924           552          372           963            622         341
March 1996                    89          977           609          368           888            541         347
March 1997                   184        1,061           688          373           877            522         355
March 1998                   262        1,176           768          408           914            529         385
March 1999                   230        1,254           788          466         1,024            570         454
March 2000                    83        1,125           710          415         1,042            643         399
March 2001                   106        1,127           758          369         1,021            613         408
March 2002                    33        1,075           695          380         1,042            657         385
March 2003                    86        1,060           701          359           974            613         361
March 2004                    81          976           638          338           895            581         314
March 2005                   117        1,057           706          351           940            592         348
March 2006                   177        1,024           699          325           847            553         294
March 2007                    69          979           662          317           910            609         301
March 2008                  -143          895           611          284         1,038            660         378
March 2009                  -349          728           494          234         1,077            734         343
March 2010                  -253          670           460          210           923            646         277
March 2011                   -20          713           512          201           733            482         251
March 2012                    79          747           539          208           668            450         218
March 2013                   134          777           566          211           643            434         209
March 2014                    49          744           533          211           695            486         209
March 2015                   121          783           573          210           662            453         209
March 2016                   146          816           603          213           670            456         214
March 2017                   128          808           597          211           680            469         211
March 2018                    99          794           576          218           695            477         218
March 2019                    75          808           582          226           733            501         232
March 2020                   107          838           604          234           731            497         234
March 2021                   -97          833           588          245           930            685         245
March 2022                   228        1,116           818          298           888            621         267
March 2023                    93        1,055           776          279           962            670         292
 
(1) Net change is the difference between total gross job gains and total gross job losses.