Table 3. Number of private sector establishments by direction of employment change, annual March to March Colorado Establishments gaining jobs Establishments losing jobs Year ended Net change(1) Total Expanding Opening Total Contracting Closing establishments establishments establishments establishments March 1994 4,977 44,814 30,310 14,504 31,047 21,520 9,527 March 1995 5,056 46,061 31,006 15,055 33,804 23,805 9,999 March 1996 3,535 45,896 30,794 15,102 38,003 26,436 11,567 March 1997 4,742 48,389 31,791 16,598 38,935 27,079 11,856 March 1998 3,729 49,825 33,218 16,607 40,997 28,119 12,878 March 1999 3,271 51,282 34,316 16,966 42,269 28,574 13,695 March 2000 4,138 54,391 35,764 18,627 44,084 29,595 14,489 March 2001 3,885 54,916 35,571 19,345 46,955 31,495 15,460 March 2002 876 50,380 32,506 17,874 52,012 35,014 16,998 March 2003 1,154 48,464 30,723 17,741 52,642 36,055 16,587 March 2004 2,540 52,178 33,385 18,793 49,136 32,883 16,253 March 2005 3,256 55,347 35,653 19,694 48,328 31,890 16,438 March 2006 2,991 56,629 36,636 19,993 49,697 32,695 17,002 March 2007 3,078 57,518 37,095 20,423 50,725 33,380 17,345 March 2008 1,586 56,831 36,728 20,103 53,421 34,904 18,517 March 2009 -3,708 47,370 29,511 17,859 63,163 41,596 21,567 March 2010 -3,809 45,508 28,988 16,520 58,741 38,412 20,329 March 2011 -260 51,530 34,095 17,435 49,102 31,407 17,695 (1) Net change is the difference between the number of opening establishments and the number of closing establishments.