Table 1. Private sector gross job gains and job losses, annual March to March Professional and business services (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 669 2,330 1,586 744 1,661 1,015 646 March 1995 722 2,488 1,661 827 1,766 1,146 620 March 1996 460 2,518 1,681 837 2,058 1,366 692 March 1997 803 2,854 1,847 1,007 2,051 1,286 765 March 1998 864 3,043 2,047 996 2,179 1,329 850 March 1999 835 3,254 2,113 1,141 2,419 1,514 905 March 2000 815 3,219 2,217 1,002 2,404 1,536 868 March 2001 163 3,013 2,058 955 2,850 1,862 988 March 2002 -745 2,681 1,719 962 3,426 2,335 1,091 March 2003 -121 2,670 1,824 846 2,791 1,842 949 March 2004 209 2,705 1,923 782 2,496 1,627 869 March 2005 591 2,817 2,066 751 2,226 1,439 787 March 2006 684 2,782 2,030 752 2,098 1,429 669 March 2007 408 2,606 1,889 717 2,198 1,537 661 March 2008 69 2,493 1,792 701 2,424 1,701 723 March 2009 -1,218 1,930 1,329 601 3,148 2,365 783 March 2010 -240 2,120 1,537 583 2,360 1,685 675 March 2011 632 2,494 1,881 613 1,862 1,283 579 March 2012 540 2,524 1,877 647 1,984 1,334 650 (1) Net change is the difference between total gross job gains and total gross job losses.