The latest cryptocurrency news show that despite the ongoing crisis with the price of Bitcoin (BTC), the crypto jobs are viral and the trends show that higher salaries are definitely expected. Professionals in the blockchain and cryptocurrency industry are set to grow as the demand is outstripping the supply right now.
According to a new report, more companies are interested to fill their offices with “Bitcoin, blockchain and cryptocurrency roles” with higher salaries and employer demand which is “skyrocketing” as the report shows.
In fact, we are talking about a study which was released by the job search platform Indeed where crypto jobs are already listed. The platform claims that postings for jobs requiring cryptocurrency and blockchain skills have gone up by 26% in the period from January to September this year.
However, there may be an unexpected catch – there has been a marked drop of 53% in the number of candidates looking for jobs where they can use the blockchain and cryptocurrency skills.
The data from Indeed also shows that there has been a massive spike in the amount of companies who are looking for blockchain and crypto experts. Just like that, the crypto jobs are rising in terms of popularity – even though it seems that demand is outweighing the supply.
“In the four-year period between September 2015 and September 2019, the share of [blockchain and crypto] jobs per million grew by 1,457%. In that same time period, the share of searches per million increased by ‘only’ 469%,” the authors of this report wrote.
The company states that the top blockchain hiring companies include not only the major crypto and blockchain firms – but also banks, auditors as well as providers of financial services. Right now, the top 10 blockchain and crypto jobs providers include the names of Deloitte, IBM, Accenture, Cisco, Collins Aerospace, Ernst & Young, Coinbase, Overstock, Ripple and Verizon. The list also includes Circle, Kraken, ConsenSys, JPMorgan Chase and Signature Bank on the next five spots.
As the authors conclude, “Bitcoin jobs are not as volatile as its value.” They predict that the current trends are “likely to continue through 2020.”
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