Table 1. Private sector gross job gains and job losses, annual March to March New Mexico 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 23,745 83,038 53,754 29,284 59,293 36,381 22,912 March 1995 34,712 93,030 55,159 37,871 58,318 39,234 19,084 March 1996 1,648 80,556 55,463 25,093 78,908 44,805 34,103 March 1997 6,702 83,328 49,785 33,543 76,626 47,895 28,731 March 1998 12,092 85,366 53,023 32,343 73,274 44,741 28,533 March 1999 4,587 83,470 54,309 29,161 78,883 49,901 28,982 March 2000 13,843 84,656 57,789 26,867 70,813 44,738 26,075 March 2001 9,913 84,926 58,781 26,145 75,013 45,360 29,653 March 2002 125 78,650 51,616 27,034 78,525 49,950 28,575 March 2003 4,640 77,706 50,851 26,855 73,066 47,051 26,015 March 2004 9,403 81,136 54,454 26,682 71,733 44,813 26,920 March 2005 13,762 77,789 51,271 26,518 64,027 40,397 23,630 March 2006 25,060 85,827 57,733 28,094 60,767 40,695 20,072 March 2007 24,040 93,761 55,562 38,199 69,721 48,098 21,623 March 2008 2,337 78,635 52,543 26,092 76,298 52,166 24,132 March 2009 -32,797 62,067 41,074 20,993 94,864 67,400 27,464 March 2010 -17,259 58,127 38,886 19,241 75,386 55,037 20,349 March 2011 3,404 62,454 43,986 18,468 59,050 40,884 18,166 March 2012 6,670 65,311 43,666 21,645 58,641 40,578 18,063 March 2013 5,271 66,321 47,330 18,991 61,050 42,744 18,306 March 2014 4,248 67,874 44,604 23,270 63,626 43,509 20,117 March 2015 11,466 71,852 49,328 22,524 60,386 40,556 19,830 March 2016 2,158 68,152 46,103 22,049 65,994 47,258 18,736 March 2017 4,563 67,255 46,587 20,668 62,692 43,040 19,652 March 2018 11,232 71,580 50,146 21,434 60,348 40,297 20,051 March 2019 13,190 75,168 53,939 21,229 61,978 42,369 19,609 March 2020 5,903 74,484 51,419 23,065 68,581 47,716 20,865 March 2021 -45,123 64,331 43,959 20,372 109,454 82,025 27,429 March 2022 38,679 101,775 75,393 26,382 63,096 41,126 21,970 March 2023 20,383 88,288 61,202 27,086 67,905 43,802 24,103 (1) Net change is the difference between total gross job gains and total gross job losses.