Table 3. Number of private sector establishments by direction of employment change, annual March to March New York Establishments gaining jobs Establishments losing jobs Year ended Net change(1) Total Expanding Opening Total Contracting Closing establishments establishments establishments establishments March 1994 1,431 151,964 101,595 50,369 142,782 93,844 48,938 March 1995 6,591 161,959 107,278 54,681 139,691 91,601 48,090 March 1996 2,482 156,210 102,214 53,996 149,604 98,090 51,514 March 1997 4,471 166,054 107,339 58,715 147,774 93,530 54,244 March 1998 4,639 168,538 109,047 59,491 149,133 94,281 54,852 March 1999 11,373 184,626 117,594 67,032 151,440 95,781 55,659 March 2000 -1,296 181,327 117,847 63,480 168,014 103,238 64,776 March 2001 4,691 176,151 114,191 61,960 161,261 103,992 57,269 March 2002 -7,368 163,974 105,503 58,471 178,407 112,568 65,839 March 2003 68 160,598 106,039 54,559 161,682 107,191 54,491 March 2004 217 161,890 109,576 52,314 155,191 103,094 52,097 March 2005 3,557 164,532 109,034 55,498 156,529 104,588 51,941 March 2006 5,332 168,263 111,464 56,799 157,083 105,616 51,467 March 2007 5,506 168,946 111,834 57,112 159,422 107,816 51,606 March 2008 3,334 170,947 115,193 55,754 159,185 106,765 52,420 March 2009 -5,955 149,636 98,438 51,198 181,336 124,183 57,153 March 2010 -1,879 152,492 99,608 52,884 168,594 113,831 54,763 March 2011 8,629 169,595 110,598 58,997 151,973 101,605 50,368 March 2012 3,338 176,951 119,459 57,492 152,997 98,843 54,154 (1) Net change is the difference between the number of opening establishments and the number of closing establishments.