Table 3. Number of private sector establishments by direction of employment change, annual March to March Arkansas Total private Establishments gaining jobs Establishments losing jobs Year ended Net change(1) Total Expanding Opening Total Contracting Closing establishments establishments establishments establishments March 1994 1,524 22,245 16,082 6,163 17,242 12,603 4,639 March 1995 1,042 22,953 16,288 6,665 18,574 12,951 5,623 March 1996 1,418 22,788 16,060 6,728 19,314 14,004 5,310 March 1997 709 22,471 15,954 6,517 20,763 14,955 5,808 March 1998 230 22,467 16,204 6,263 20,961 14,928 6,033 March 1999 841 23,352 16,664 6,688 20,827 14,980 5,847 March 2000 583 23,895 17,209 6,686 21,173 15,070 6,103 March 2001 390 22,785 16,091 6,694 22,705 16,401 6,304 March 2002 -118 21,851 15,307 6,544 23,462 16,800 6,662 March 2003 437 22,203 15,564 6,639 22,596 16,394 6,202 March 2004 919 23,939 16,889 7,050 21,339 15,208 6,131 March 2005 950 24,099 16,887 7,212 21,871 15,609 6,262 March 2006 2,285 25,682 16,999 8,683 21,881 15,483 6,398 March 2007 1,275 24,793 16,701 8,092 23,310 16,493 6,817 March 2008 919 24,313 16,109 8,204 24,451 17,166 7,285 March 2009 -541 22,368 14,604 7,764 26,846 18,541 8,305 March 2010 -1,216 21,348 14,390 6,958 25,444 17,270 8,174 March 2011 -569 23,644 15,936 7,708 23,531 15,254 8,277 March 2012 2,158 25,612 16,804 8,808 21,707 15,057 6,650 March 2013 -384 23,385 16,208 7,177 24,008 16,447 7,561 March 2014 -398 23,245 16,363 6,882 23,498 16,218 7,280 March 2015 264 23,990 16,847 7,143 22,915 16,036 6,879 March 2016 801 25,861 18,235 7,626 21,895 15,070 6,825 March 2017 220 24,086 16,735 7,351 24,146 17,015 7,131 March 2018 144 24,498 17,019 7,479 23,733 16,398 7,335 March 2019 707 24,724 16,805 7,919 24,018 16,806 7,212 March 2020 35 24,726 16,813 7,913 25,000 17,122 7,878 March 2021 1,085 25,279 16,636 8,643 25,858 18,300 7,558 March 2022 1,676 29,892 19,449 10,443 24,364 15,597 8,767 March 2023 4,120 32,019 20,041 11,978 23,900 16,042 7,858 (1) Net change is the difference between the number of opening establishments and the number of closing establishments.