Table 3. Number of private sector establishments by direction of employment change, annual March to March Virginia Establishments gaining jobs Establishments losing jobs Year ended Net change(1) Total Expanding Opening Total Contracting Closing establishments establishments establishments establishments March 1994 4,084 58,475 42,315 16,160 46,606 34,530 12,076 March 1995 3,857 61,214 43,670 17,544 49,467 35,780 13,687 March 1996 827 58,200 41,943 16,257 53,975 38,545 15,430 March 1997 8,560 64,957 43,727 21,230 51,553 38,883 12,670 March 1998 -1,787 61,526 43,995 17,531 59,259 39,941 19,318 March 1999 3,371 64,563 45,152 19,411 55,613 39,573 16,040 March 2000 2,678 66,507 47,218 19,289 56,695 40,084 16,611 March 2001 2,011 64,863 45,922 18,941 60,324 43,394 16,930 March 2002 1,035 63,458 44,267 19,191 63,038 44,882 18,156 March 2003 1,250 62,734 44,006 18,728 62,423 44,945 17,478 March 2004 3,182 68,140 48,684 19,456 57,977 41,703 16,274 March 2005 3,587 69,233 48,277 20,956 61,809 44,440 17,369 March 2006 3,735 72,123 50,181 21,942 63,723 45,516 18,207 March 2007 3,910 71,822 48,728 23,094 67,968 48,784 19,184 March 2008 1,005 69,842 47,128 22,714 72,153 50,444 21,709 March 2009 -1,461 61,418 39,036 22,382 81,649 57,806 23,843 March 2010 -2,584 62,516 41,570 20,946 75,071 51,541 23,530 March 2011 2,503 70,818 47,132 23,686 66,138 44,955 21,183 March 2012 2,924 72,257 48,246 24,011 66,147 45,060 21,087 (1) Net change is the difference between the number of opening establishments and the number of closing establishments.