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Work In Crypto Industry Does Not Become Less Popular — Report

13:17 19/11/2018

Experts in the sphere of blockchain and cryptocurrency remain in demand in the United States, despite the ongoing decline in the crypto market. Employers' interest in such professionals has grown by a quarter, CoinDesk reports referring to the data from the job search website Indeed.com.

The number of vacancies from American crypto companies and blockchain startups increased by 25% from October 2017 to October 2018.

At the same time, the interest of applicants in the professions related to the crypto industry has declined slightly over the past year. The popularity of search queries for relevant vacancies fell by 3%.

According to Raj Mukherjee, a top manager at Indeed, the interest of job seekers and employers in the crypto industry has increased over the past few years, and the peak of search requests for vacancies coincided with the period when bitcoin was traded at a record price. However, the popularity of such specialties has decreased after the correction of the first cryptocurrency but still remains high, Mukherjee added.

Today's statistics are significantly different from the last year one. Applicants' interest in crypto-related professions increased by 480% from 2016 to 2017. At the same time, such specialists became 325% more in demand.

As follows from a report published on Hired, a website for global job search, the salary of blockchain developers has risen sharply, reaching $150-175 thousand a year. It is 30% higher than the one of IT specialists.

Earlier, another study revealed that the demand for jobs in the blockchain and crypto industries soared by 300% in the United States.

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