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-3- The leisure and hospitality sector is projected to experience the fastest employment growth of all sectors, owing mostly to the low base point in 2021. (See chart 4.) The healthcare and social assistance sector is projected to create the most jobs over the 2021−31 decade, growing in tandem with the segment of the population that is aged 65 and over. This should, in turn, boost demand for various healthcare occupations, especially those involved in caring for the elderly and those expected to benefit from the increased prevalence of team-based healthcare. Total projected employment growth is conditional upon expected growth of the economy and of the labor force, both of which can be influenced by changes in the population. Real Gross Domestic Product (GDP) is projected to grow at a 2.1 percent annual rate from 2021 to 2031, slightly faster than in the prior decade. Growth of the civilian noninstitutional population is projected to slow to an annual rate of 0.7 percent, while the labor force is projected to grow at a 0.5 percent annual rate, about the same pace as that of the 2011−21 decade. Highlights of the BLS 2021–31 projections for the labor force, macroeconomy, industry employment, and occupational employment are included below. Population and Labor Force • The civilian noninstitutional population is projected to increase by 19.6 million to a level of 281.0 million in 2031, which is less than the 21.8 million increase that occurred over the 2011–21 decade. The civilian noninstitutional population is expected to grow 0.7 percent annually over the 2021−31 decade, slowing from the 0.9 percent annual growth rate registered in the decade from 2011 to 2021. While population growth has been slowing for several decades, the projected 0.7 percent annual growth represents one of the slowest growth rates in the data series' history. (See chart 2.) 0.9 0.7 0.0 0.5 1.0 1.5 2.0 2.5 1961 1966 1971 1976 1981 1986 1991 1996 2001 2006 2011 2016 2021 2026 2031 Chart 2. Population, 10-year compound annual average rate of change, 1961─2021 and 2021─31 projected Percent Note: Reference to population in the text and charts refers to the civilian noninstitutional population, 16 years and over. Rates are the compound annual average rate of change over 10-year periods. Source: U.S. Bureau of Labor Statistics