Table 1. Private sector gross job gains and job losses, annual March to March New York Gross job gains Gross job losses Year ended Net change(1) Total Expanding Opening Total Contracting Closing establishments establishments establishments establishments March 1994 52,663 860,272 535,678 324,594 807,609 481,965 325,644 March 1995 121,203 901,858 563,735 338,123 780,655 468,236 312,419 March 1996 36,483 891,931 530,826 361,105 855,448 497,680 357,768 March 1997 110,806 949,335 566,878 382,457 838,529 450,787 387,742 March 1998 131,747 992,661 594,599 398,062 860,914 457,422 403,492 March 1999 168,407 1,038,235 611,757 426,478 869,828 479,099 390,729 March 2000 171,810 1,071,875 673,655 398,220 900,065 508,215 391,850 March 2001 79,653 994,666 641,311 353,355 915,013 557,953 357,060 March 2002 -237,402 883,358 547,856 335,502 1,120,760 702,261 418,499 March 2003 -61,239 818,773 530,853 287,920 880,012 557,981 322,031 March 2004 16,362 782,206 519,759 262,447 765,844 490,644 275,200 March 2005 69,884 808,133 535,969 272,164 738,249 475,145 263,104 March 2006 84,929 803,386 547,264 256,122 718,457 468,820 249,637 March 2007 106,298 793,334 533,842 259,492 687,036 455,178 231,858 March 2008 87,292 765,775 533,597 232,178 678,483 454,106 224,377 March 2009 -219,321 636,045 425,145 210,900 855,366 621,825 233,541 March 2010 -96,663 625,962 424,337 201,625 722,625 510,037 212,588 March 2011 144,930 730,284 507,042 223,242 585,354 400,538 184,816 March 2012 160,415 779,113 550,230 228,883 618,698 395,578 223,120 (1) Net change is the difference between total gross job gains and total gross job losses.