Table 3. Number of private sector establishments by direction of employment change, annual March to March Puerto Rico Establishments gaining jobs Establishments losing jobs Year ended Net change(1) Total Expanding Opening Total Contracting Closing establishments establishments establishments establishments March 1994 364 13,742 9,161 4,581 12,842 8,625 4,217 March 1995 1,026 14,650 9,493 5,157 12,855 8,724 4,131 March 1996 1,187 15,543 10,202 5,341 12,965 8,811 4,154 March 1997 1,263 15,991 10,668 5,323 13,186 9,126 4,060 March 1998 1,192 16,243 10,178 6,065 14,822 9,949 4,873 March 1999 -8 15,348 10,697 4,651 14,822 10,163 4,659 March 2000 -17 15,702 10,866 4,836 14,789 9,936 4,853 March 2001 793 15,064 9,675 5,389 15,722 11,126 4,596 March 2002 -3,153 11,930 9,363 2,567 16,882 11,162 5,720 March 2003 -2,765 11,195 9,781 1,414 14,086 9,907 4,179 March 2004 5,360 17,906 9,159 8,747 12,644 9,257 3,387 March 2005 1,793 16,372 10,698 5,674 14,558 10,677 3,881 March 2006 338 16,019 11,041 4,978 16,051 11,411 4,640 March 2007 -1,928 15,426 10,674 4,752 18,490 11,810 6,680 March 2008 -167 15,127 9,953 5,174 17,251 11,910 5,341 March 2009 -1,161 13,320 8,926 4,394 17,980 12,425 5,555 March 2010 -366 13,576 8,929 4,647 16,533 11,520 5,013 March 2011 -1,008 13,547 9,825 3,722 15,391 10,661 4,730 March 2012 -264 13,951 9,791 4,160 14,784 10,360 4,424 (1) Net change is the difference between the number of opening establishments and the number of closing establishments.