Table 3. Number of private sector establishments by direction of employment change, annual March to March Massachusetts 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 2,952 56,114 39,473 16,641 46,226 32,537 13,689 March 1995 3,456 59,247 41,942 17,305 46,869 33,020 13,849 March 1996 1,006 56,908 40,775 16,133 50,945 35,818 15,127 March 1997 3,649 61,087 43,275 17,812 49,473 35,310 14,163 March 1998 1,192 60,787 43,759 17,028 52,320 36,484 15,836 March 1999 3,220 62,619 43,902 18,717 52,792 37,295 15,497 March 2000 1,502 62,679 45,320 17,359 54,029 38,172 15,857 March 2001 2,232 62,660 44,053 18,607 56,674 40,299 16,375 March 2002 334 59,496 42,180 17,316 59,462 42,480 16,982 March 2003 645 58,409 40,757 17,652 60,028 43,021 17,007 March 2004 1,391 60,719 43,227 17,492 56,675 40,574 16,101 March 2005 1,208 59,625 42,042 17,583 58,216 41,841 16,375 March 2006 2,121 61,936 44,012 17,924 56,847 41,044 15,803 March 2007 1,230 60,580 42,888 17,692 58,701 42,239 16,462 March 2008 1,291 60,387 42,541 17,846 59,074 42,519 16,555 March 2009 -2,941 51,816 36,080 15,736 67,381 48,704 18,677 March 2010 -157 55,030 38,642 16,388 59,576 43,031 16,545 March 2011 1,199 60,997 43,453 17,544 54,372 38,027 16,345 March 2012 7,693 66,224 44,418 21,806 52,197 38,084 14,113 March 2013 3,776 63,572 43,624 19,948 55,828 39,656 16,172 March 2014 3,685 66,023 44,926 21,097 57,240 39,828 17,412 March 2015 7,123 70,388 45,283 25,105 58,515 40,533 17,982 March 2016 4,514 72,554 49,199 23,355 58,922 40,081 18,841 March 2017 5,994 73,040 47,740 25,300 62,390 43,084 19,306 March 2018 2,814 72,305 47,960 24,345 65,034 43,503 21,531 March 2019 5,859 74,808 48,013 26,795 65,337 44,401 20,936 March 2020 -987 70,194 45,295 24,899 73,425 47,539 25,886 March 2021 4,449 68,293 38,181 30,112 83,968 58,305 25,663 March 2022 14,203 94,027 56,306 37,721 63,232 39,714 23,518 March 2023 841 78,160 52,182 25,978 71,648 46,511 25,137 (1) Net change is the difference between the number of opening establishments and the number of closing establishments.