Posted 1 year ago | by Ben Armstrong
Blockchain Jobs Surge 26% Since 2018: Indeed
According to a “Seen by Indeed” study released on Thursday, the number of bitcoin, blockchain, and crypto related-work ads have increased markedly the popular job site Indeed. From 2018-2019, there has been a 26% growth rate, following a-four-year trend of 1,457% in the sector.
It is positive news for anyone who is seeking employment in the blockchain and cryptocurrency industry. When bitcoin’s price reached an all-time high of around $20,000 in late 2017, the enthusiasm of job hunters exploded. While the number of jobs in the crypto and blockchain sectors has continued to rise, the price of BTC is still more than $10,000 USD from its all-time USD highs.
Going to detail, the top jobs are being posted by employers who are looking to foster development, with software engineering, software architect, full-stack developer, and front-end developer being the most common positions on Indeed.
Big Companies are Hiring in the Blockchain Space
The top 5 employers in listing blockchain jobs are Deloitte. IBM, Accenture, Cisco, and Collins Aerospace, listed from 1st to 5th, respectively. “Big Four” company Ernst & Young joins Deloitte in the top 10. These are some of the most powerful companies in the world, and it is clear that blockchain as a technology is here to stay.
In 7th place is cryptocurrency and blockchain industry firm Coinbase, followed by blockchain accelerator Medici Ventures, and security token platform tZERO. Ripple, Circle, and Kraken are also in the top 20 firms hiring on Indeed, along with ConsenSys.
Banks JPMorgan Chase and Signature Bank are also looking for skilled workers, and given the companies that are hiring, it is safe to say that blockchain technology is going to become even more influential as the next decade unfolds.
Jobs in the Industry are Broad Based
Indeed says it expects the number of jobs on offer to continue growing up through 2020, “even in the face of extreme price volatility and regulatory uncertainty of cryptocurrency.”
It is strange that the price to tokens is still being tied to the growth of blockchain as an industry and technology, as the day-to-day movements of cryptos have nothing whatsoever to do with most of the major blockchain projects out there.
Of course, if we look at rolling averages for both the number of tokens, and their prices, there isn't any volatility in the crypto markets. There are more, viable, tokens all the time, and the price of the major tokens is on a steady rise.
Hiring in the crypto and blockchain space appears to reflect this dynamic.