Table 1. Private sector gross job gains and job losses, annual March to March Leisure and hospitality (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 414 1,748 901 847 1,334 757 577 March 1995 405 1,811 942 869 1,406 803 603 March 1996 294 1,779 937 842 1,485 871 614 March 1997 274 1,812 928 884 1,538 911 627 March 1998 157 1,762 918 844 1,605 939 666 March 1999 275 1,874 987 887 1,599 913 686 March 2000 347 1,869 1,032 837 1,522 899 623 March 2001 63 1,757 984 773 1,694 972 722 March 2002 -59 1,700 867 833 1,759 1,101 658 March 2003 104 1,659 867 792 1,555 971 584 March 2004 269 1,723 937 786 1,454 901 553 March 2005 255 1,742 949 793 1,487 905 582 March 2006 261 1,821 990 831 1,560 984 576 March 2007 271 1,800 999 801 1,529 978 551 March 2008 122 1,746 953 793 1,624 1,033 591 March 2009 -439 1,473 758 715 1,912 1,294 618 March 2010 -209 1,380 741 639 1,589 1,085 504 March 2011 270 1,559 900 659 1,289 819 470 March 2012 411 1,703 999 704 1,292 795 497 (1) Net change is the difference between total gross job gains and total gross job losses.