Table 1. Private sector gross job gains and job losses, annual March to March

Puerto Rico

Total private

                                                     Gross job gains                          Gross job losses
Year ended            Net change(1)     Total     Expanding      Opening         Total     Contracting    Closing
                                               establishments establishments            establishments establishments

March 1994                18,037      104,153        70,185       33,968        86,116         51,602      34,514
March 1995                21,587      105,474        71,195       34,279        83,887         51,882      32,005
March 1996                34,343      122,821        76,968       45,853        88,478         57,810      30,668
March 1997                24,706      115,038        73,694       41,344        90,332         56,725      33,607
March 1998                 4,904      115,239        68,400       46,839       110,335         66,774      43,561
March 1999                21,708      114,844        79,721       35,123        93,136         62,617      30,519
March 2000                23,085      119,805        73,810       45,995        96,720         61,902      34,818
March 2001                   730      104,927        69,657       35,270       104,197         73,252      30,945
March 2002               -32,527       89,353        66,745       22,608       121,880         78,210      43,670
March 2003               -18,355       83,079        66,894       16,185       101,434         65,600      35,834
March 2004                46,203      132,119        66,263       65,856        85,916         56,950      28,966
March 2005                17,949      110,206        69,350       40,856        92,257         64,071      28,186
March 2006                   704       98,501        63,906       34,595        97,797         64,669      33,128
March 2007               -16,361       89,234        61,650       27,584       105,595         69,158      36,437
March 2008               -12,229       84,041        52,908       31,133        96,270         64,649      31,621
March 2009               -37,693       68,938        44,404       24,534       106,631         75,594      31,037
March 2010               -16,743       70,524        44,365       26,159        87,267         61,627      25,640
March 2011                -1,382       70,796        50,998       19,798        72,178         49,937      22,241
March 2012                 9,228       79,156        55,382       23,774        69,928         47,279      22,649
March 2013                 7,813       78,061        55,112       22,949        70,248         48,589      21,659
March 2014                -3,052       71,668        46,157       25,511        74,720         53,161      21,559
March 2015                -6,920       66,119        45,138       20,981        73,039         52,128      20,911
March 2016                -4,311       68,450        48,582       19,868        72,761         52,917      19,844
March 2017                  -118       66,470        46,397       20,073        66,588         47,438      19,150
March 2018               -20,396       69,199        46,464       22,735        89,595         64,003      25,592
March 2019                27,799       91,194        63,434       27,760        63,395         44,975      18,420
March 2020                 4,582       71,871        51,146       20,725        67,289         47,909      19,380
March 2021               -18,770       72,293        50,049       22,244        91,063         70,966      20,097
March 2022                60,866      114,616        87,111       27,505        53,750         39,427      14,323
March 2023                15,242       84,272        61,923       22,349        69,030         53,968      15,062
 
(1) Net change is the difference between total gross job gains and total gross job losses.