The metropolitan area has turned the corner on employment and hiring will pick up in high-paying occupations as well as low-wage ones, a forecasting firm predicted Tuesday.
Experts from Moody's Analytics in Manhattan said they expect to see substantial gains over 2013 in the number of good-paying jobs in construction, computer software and banking when revisions to last year's employment statistics for New York City and some of its suburbs are released later this month.
Steven G. Cochrane, Moody's U.S. regional economics director, said the change in hiring was significant because recovery from the 2007-09 recession has been marked by a rise in low-paying jobs and income inequality.
Cochrane did not have specific figures for Long Island, though he noted in an interview that many Nassau County residents work in New York City.
"The economy in the New York area is doing quite well and will continue to do well in the next two years," he told about 100 people at a Manhattan conference. "High-wage jobs are starting to pick up . . . We should see some acceleration in wage growth."
Household incomes in the New York area in July-September 2014 were 5.4 percent higher than in the same period a year earlier, the latest figures available. That was a full percentage point higher than the 4.4 percent gains in the nation and New York State, year over year.
The income increase in the New York area "was due to job growth in technology, construction and information services jobs," Cochrane said.
However, he and others doubted the economy of New York City and its suburbs would be boosted by lower oil prices, a marked contrast with parts of the South and Midwest.
"I don't expect this region is going to get a big benefit," said Cochrane, citing the prevalence of mass transit and shorter commutes than in other parts of the United States.
Lower gasoline prices is one of three factors that will propel economic growth nationwide through at least 2017, according to Mark Zandi, chief economist at Moody's Analytics. The others are low interest rates and wage growth.
He said, "The prospects for the [U.S.] economy for the next two to three years are good."