Table 5. Number of private sector establishments by direction of employment change, seasonally adjusted Virgin Islands Total private Establishments gaining jobs Establishments losing jobs Year 3 months ended Net change(1) Total Expanding Opening Total Contracting Closing establishments establishments establishments establishments 1992 September 16 709 543 166 701 551 150 December 24 680 518 162 699 561 138 1993 March 19 709 557 152 670 537 133 June 41 750 569 181 675 535 140 September 12 701 546 155 717 574 143 December 5 693 532 161 762 606 156 1994 March -6 674 537 137 709 566 143 June 8 646 487 159 766 615 151 September -8 666 524 142 723 573 150 December 13 681 544 137 680 556 124 1995 March -29 621 494 127 759 603 156 June -32 639 511 128 684 524 160 September -84 575 460 115 774 575 199 December -68 621 443 178 986 740 246 1996 March -10 845 674 171 659 478 181 June 25 710 575 135 652 542 110 September 13 673 543 130 679 562 117 December -35 656 546 110 716 571 145 1997 March -36 715 515 200 772 536 236 June 65 761 550 211 656 510 146 September 62 674 493 181 680 561 119 December -32 668 524 144 698 522 176 1998 March -15 626 484 142 709 552 157 June -49 650 539 111 699 539 160 September 5 644 514 130 668 543 125 December -64 602 516 86 674 524 150 1999 March 53 693 543 150 611 514 97 June -90 551 471 80 720 550 170 September -14 582 470 112 639 513 126 December -62 635 548 87 582 433 149 2000 March -28 573 487 86 646 532 114 June 68 663 461 202 600 466 134 September -4 627 493 134 637 499 138 December 28 609 480 129 628 527 101 2001 March 90 648 488 160 598 528 70 June -2 596 501 95 594 497 97 September 6 636 518 118 670 558 112 December -25 575 466 109 679 545 134 2002 March -9 609 498 111 596 476 120 June -19 604 507 97 616 500 116 September -11 596 512 84 595 500 95 December -11 598 499 99 568 458 110 2003 March 7 617 492 125 594 476 118 June -6 588 481 107 631 518 113 September -25 582 491 91 605 489 116 December 53 629 489 140 532 445 87 2004 March -28 576 489 87 625 510 115 June 43 629 497 132 561 472 89 September 37 665 542 123 567 481 86 December -20 591 504 87 569 462 107 2005 March 13 673 553 120 592 485 107 June 12 647 538 109 607 510 97 September 34 605 490 115 594 513 81 December 25 661 545 116 621 530 91 2006 March -8 653 559 94 626 524 102 June -7 617 534 83 645 555 90 September -102 622 519 103 722 517 205 December 93 632 472 160 614 547 67 2007 March 2 631 533 98 621 525 96 June 18 680 565 115 642 545 97 September 11 687 573 114 659 556 103 December 19 648 531 117 651 553 98 2008 March 2 637 534 103 644 543 101 June -2 640 531 109 688 577 111 September 15 657 543 114 672 573 99 December 13 583 463 120 741 634 107 2009 March -5 604 500 104 696 587 109 June -3 588 489 99 710 608 102 September -25 582 477 105 644 514 130 December -35 580 478 102 651 514 137 2010 March -4 577 476 101 624 519 105 June -14 614 522 92 603 497 106 September 21 671 542 129 591 483 108 December 6 612 507 105 614 515 99 2011 March 3 609 509 100 655 558 97 June -19 589 490 99 638 520 118 September -2 590 494 96 614 516 98 December -2 561 465 96 641 543 98 2012 March -50 536 462 74 664 540 124 June -1 542 437 105 662 556 106 September -13 505 401 104 648 531 117 December -8 602 499 103 593 482 111 2013 March 6 570 469 101 585 490 95 June -10 512 425 87 597 500 97 September -8 512 419 93 599 498 101 December -12 515 438 77 580 491 89 2014 March -16 481 401 80 571 475 96 June -4 540 434 106 595 485 110 September 25 572 455 117 551 459 92 December 29 593 496 97 545 477 68 2015 March -12 514 433 81 597 504 93 June -42 545 479 66 580 472 108 September -12 536 439 97 599 490 109 December 12 564 462 102 555 465 90 2016 March -19 547 474 73 552 460 92 June -9 567 478 89 588 490 98 September -2 581 492 89 547 456 91 December 5 541 450 91 570 484 86 2017 March -12 559 480 79 568 477 91 June 16 533 460 73 548 491 57 September -173 391 347 44 728 511 217 December -144 444 324 120 882 618 264 2018 March -67 583 431 152 640 421 219 June 41 589 466 123 438 356 82 September 10 563 451 112 464 362 102 December 5 525 412 113 495 387 108 2019 March 42 598 469 129 487 400 87 June 9 547 450 97 515 427 88 September 12 553 462 91 501 422 79 December 7 519 417 102 504 409 95 2020 March 29 501 391 110 549 468 81 June -108 405 316 89 821 624 197 September 39 512 395 117 511 433 78 December 44 552 431 121 468 391 77 2021 March -56 552 420 132 579 391 188 June 62 646 516 130 444 376 68 September -15 536 456 80 502 407 95 December 32 539 426 113 560 479 81 2022 March 3 512 401 111 573 465 108 June -76 525 432 93 578 409 169 September 64 555 462 93 410 381 29 December 43 470 394 76 434 401 33 2023 March 5 555 440 115 536 426 110 June 41 514 401 113 524 452 72 September 7 508 411 97 547 457 90 December -43 482 412 70 506 393 113 2024 March 6 481 418 63 464 407 57 June -43 438 411 27 452 382 70 September -57 377 318 59 498 382 116 (1) Net change is the difference between the number of opening establishments and the number of closing establishments.