Table 1. Private sector gross job gains and job losses, annual March to March Virgin Islands Total private Gross job gains Gross job losses Year ended Net change(1) Total Expanding Opening Total Contracting Closing establishments establishments establishments establishments March 1994 -4,054 6,445 2,258 4,187 10,499 3,786 6,713 March 1995 -1,219 3,896 2,239 1,657 5,115 3,139 1,976 March 1996 -3,288 4,976 2,583 2,393 8,264 4,151 4,113 March 1997 1,174 6,011 3,296 2,715 4,837 2,592 2,245 March 1998 280 5,312 2,936 2,376 5,032 2,672 2,360 March 1999 420 4,514 2,634 1,880 4,094 2,299 1,795 March 2000 -1,426 3,299 2,570 729 4,725 2,578 2,147 March 2001 5,163 9,068 4,557 4,511 3,905 2,730 1,175 March 2002 -927 4,531 2,649 1,882 5,458 4,293 1,165 March 2003 -2,216 4,651 3,185 1,466 6,867 4,989 1,878 March 2004 915 4,584 2,710 1,874 3,669 2,352 1,317 March 2005 1,482 5,061 3,098 1,963 3,579 2,185 1,394 March 2006 1,563 5,084 3,117 1,967 3,521 2,175 1,346 March 2007 -156 4,582 2,930 1,652 4,738 3,209 1,529 March 2008 137 4,609 2,973 1,636 4,472 2,475 1,997 March 2009 -1,838 3,239 1,896 1,343 5,077 3,758 1,319 March 2010 220 4,433 2,613 1,820 4,213 2,692 1,521 March 2011 629 4,296 2,865 1,431 3,667 2,084 1,583 March 2012 -1,441 3,206 2,146 1,060 4,647 3,276 1,371 March 2013 -2,391 3,321 1,805 1,516 5,712 3,455 2,257 March 2014 -1,219 2,492 1,687 805 3,711 2,684 1,027 March 2015 390 3,402 2,194 1,208 3,012 1,956 1,056 March 2016 73 3,115 2,320 795 3,042 2,031 1,011 March 2017 21 3,113 2,045 1,068 3,092 2,111 981 March 2018 -5,612 3,170 2,012 1,158 8,782 5,590 3,192 March 2019 4,178 6,943 4,077 2,866 2,765 1,661 1,104 March 2020 2,688 6,363 3,955 2,408 3,675 2,782 893 March 2021 -4,858 2,635 1,511 1,124 7,493 5,868 1,625 March 2022 93 4,185 2,689 1,496 4,092 2,592 1,500 March 2023 726 3,752 2,485 1,267 3,026 1,748 1,278 (1) Net change is the difference between total gross job gains and total gross job losses.