Table 1. Private sector gross job gains and job losses, annual March to March Puerto Rico Gross job gains Gross job losses Year ended Net change(1) Total Expanding Opening Total Contracting Closing establishments establishments establishments establishments March 1994 18,148 104,246 70,185 34,061 86,098 51,584 34,514 March 1995 21,584 105,475 71,195 34,280 83,891 51,880 32,011 March 1996 34,342 122,820 76,967 45,853 88,478 57,810 30,668 March 1997 24,708 115,038 73,694 41,344 90,330 56,723 33,607 March 1998 4,899 115,239 68,400 46,839 110,340 66,773 43,567 March 1999 21,713 114,847 79,718 35,129 93,134 62,615 30,519 March 2000 23,092 119,812 73,810 46,002 96,720 61,902 34,818 March 2001 731 104,928 69,657 35,271 104,197 73,252 30,945 March 2002 -32,529 89,351 66,745 22,606 121,880 78,210 43,670 March 2003 -18,361 83,073 66,888 16,185 101,434 65,600 35,834 March 2004 46,216 132,131 66,265 65,866 85,915 56,949 28,966 March 2005 17,948 110,206 69,350 40,856 92,258 64,071 28,187 March 2006 707 98,504 63,906 34,598 97,797 64,669 33,128 March 2007 -16,362 89,234 61,650 27,584 105,596 69,159 36,437 March 2008 -12,232 84,042 52,908 31,134 96,274 64,649 31,625 March 2009 -37,698 68,938 44,404 24,534 106,636 75,594 31,042 March 2010 -16,743 70,524 44,365 26,159 87,267 61,627 25,640 March 2011 -1,380 70,798 50,998 19,800 72,178 49,937 22,241 March 2012 9,312 80,134 55,920 24,214 70,822 46,863 23,959 (1) Net change is the difference between total gross job gains and total gross job losses.