As cryptocurrency and blockchain continue to expand, there is a constant need for well-established, competent employees to help lead, and support the charge. However, it appears that interest in working in the Bitcoin ecosystem has waned somewhat over the past couple of years in spite of the fact that demand from employers is higher than ever.
Indeed.com has a report that indicates that, from September 2015 to September 2019, the number of positions in the Bitcoin space skyrocketed by 1,457% and increased 26% in the last year alone. However, at the same time, searches for jobs related to blockchains and crypto have fallen by 53% in the past year.
Part of the reason for the decline could come from market volatility. While there isn’t a whole lot of historical data to go on, searches for jobs in the sector have risen in correlation to the increases in price and fallen when the price drops. At the same time, though, the number of employment opportunities continue to rise.
Be Seen, an Indeed company, compiled the statistics on where the blockchain job market stands and indicates that the top five positions needed are tied to software development, from software engineers to front end developers. Deloitte, IBM, Accenture, Cisco and Collins Aerospace lead the list of companies looking to hire specialists, but Ernst & Young, Verizon, ConsenSys and JPMorgan Chase are also among the top 15.
The portal adds, “As the bitcoin, blockchain and cryptocurrency industry continues its rapid growth and widespread adoption, companies of all sizes and industries are making long-term investments in these technologies by ramping up hiring over the last year. That trend is likely to continue through 2020, even in the face of extreme price volatility and regulatory uncertainty of cryptocurrency specifically.”
While conventional finance channels have previously avoided crypto,