Table 1. Private sector gross job gains and job losses, annual March to March

Information

(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                    45          367           245          122           322            216         106
March 1995                   124          446           298          148           322            214         108
March 1996                    64          447           297          150           383            269         114
March 1997                   175          533           345          188           358            230         128
March 1998                   118          560           372          188           442            241         201
March 1999                    92          560           366          194           468            274         194
March 2000                   262          685           424          261           423            265         158
March 2001                   132          665           458          207           533            325         208
March 2002                  -289          445           269          176           734            498         236
March 2003                  -207          336           222          114           543            384         159
March 2004                   -73          332           239           93           405            289         116
March 2005                   -53          321           240           81           374            242         132
March 2006                     8          332           239           93           324            227          97
March 2007                    17          327           245           82           310            225          85
March 2008                    12          339           252           87           327            239          88
March 2009                  -149          263           193           70           412            311         101
March 2010                  -133          210           153           57           343            273          70
March 2011                   -30          246           186           60           276            209          67
March 2012                     1          251           191           60           250            189          61
March 2013                     8          258           196           62           250            186          64
March 2014                    15          273           206           67           258            192          66
March 2015                    22          295           226           69           273            202          71
March 2016                    42          315           246           69           273            200          73
March 2017                     3          308           231           77           305            224          81
March 2018                     5          311           228           83           306            226          80
March 2019                    20          314           239           75           294            214          80
March 2020                    25          335           256           79           310            229          81
March 2021                  -142          323           232           91           465            361         104
March 2022                   252          565           424          141           313            216          97
March 2023                    -2          388           281          107           390            289         101
 
(1) Net change is the difference between total gross job gains and total gross job losses.