Table 3. Number of private sector establishments by direction of employment change, annual March to March Financial activities (In thousands) Establishments gaining jobs Establishments losing jobs Year ended Net change(1) Total Expanding Opening Total Contracting Closing establishments establishments establishments establishments March 1994 12 201 136 65 164 111 53 March 1995 5 192 127 65 186 126 60 March 1996 8 205 137 68 182 122 60 March 1997 11 212 140 72 183 122 61 March 1998 9 221 147 74 188 123 65 March 1999 11 228 150 78 194 127 67 March 2000 6 222 143 79 212 139 73 March 2001 2 228 151 77 211 136 75 March 2002 6 229 152 77 206 135 71 March 2003 12 236 155 81 205 136 69 March 2004 14 241 159 82 208 140 68 March 2005 16 247 159 88 220 148 72 March 2006 20 257 163 94 226 152 74 March 2007 7 253 163 90 245 162 83 March 2008 -15 236 154 82 268 171 97 March 2009 -31 202 132 70 284 183 101 March 2010 -19 195 129 66 250 165 85 March 2011 -9 207 140 67 221 145 76 March 2012 -1 215 145 70 212 141 71 March 2013 4 219 149 70 205 139 66 March 2014 2 218 150 68 210 144 66 March 2015 3 221 151 70 213 146 67 March 2016 2 227 156 71 215 146 69 March 2017 3 231 157 74 219 148 71 March 2018 5 236 157 79 224 150 74 March 2019 2 238 157 81 232 153 79 March 2020 2 240 156 84 236 154 82 March 2021 21 243 141 102 263 182 81 March 2022 22 288 175 113 246 155 91 March 2023 1 280 176 104 263 160 103 (1) Net change is the difference between the number of opening establishments and the number of closing establishments.