Table 1. Private sector gross job gains and job losses, annual March to March New Jersey Gross job gains Gross job losses Year ended Net change(1) Total Expanding Opening Total Contracting Closing establishments establishments establishments establishments March 1994 33,819 377,909 251,448 126,461 344,090 215,661 128,429 March 1995 85,775 433,968 264,695 169,273 348,193 224,622 123,571 March 1996 15,433 404,764 245,321 159,443 389,331 250,493 138,838 March 1997 68,273 451,116 303,605 147,511 382,843 233,983 148,860 March 1998 78,645 518,369 309,479 208,890 439,724 244,985 194,739 March 1999 88,605 530,654 306,159 224,495 442,049 248,301 193,748 March 2000 88,750 543,028 322,239 220,789 454,278 268,553 185,725 March 2001 21,636 501,679 313,350 188,329 480,043 286,379 193,664 March 2002 -38,787 476,305 287,739 188,566 515,092 330,825 184,267 March 2003 -43,984 422,348 264,748 157,600 466,332 305,703 160,629 March 2004 11,422 403,915 259,528 144,387 392,493 256,557 135,936 March 2005 18,637 414,931 263,931 151,000 396,294 256,443 139,851 March 2006 61,657 419,074 273,262 145,812 357,417 245,649 111,768 March 2007 -8,760 373,299 249,057 124,242 382,059 258,014 124,045 March 2008 12,573 380,493 251,567 128,926 367,920 249,796 118,124 March 2009 -164,750 291,452 186,889 104,563 456,202 336,588 119,614 March 2010 -65,604 302,120 198,659 103,461 367,724 258,251 109,473 March 2011 17,085 325,068 225,136 99,932 307,983 207,295 100,688 March 2012 59,354 359,792 249,501 110,291 300,438 204,882 95,556 (1) Net change is the difference between total gross job gains and total gross job losses.