Cryptocurrency News Today: Indeed: Share of cryptocurrency jobs grew 1,457% in 4 years
Despite drastic price fluctuations (Bitcoin’s volatile value shot up more than 230% in the first six months of 2019 to above $12,000 per Bitcoin) and nearly half of companies citing regulatory uncertainty as a major barrier to Blockchain adoption, employers continue to ride the wave and invest in Blockchain tech and talent.
Mark Zuckerberg, for instance, wants to launch Facebook’s Libra, a new global Cryptocurrency, in 2020. And digital payment giant Square recently assembled a crypto-focused team, Square Crypto, with the goal of strengthening the Bitcoin ecosystem. You will also soon even be able to spend Bitcoins at Starbucks through a new exchange app that converts digital assets into dollars.
Crypto jobs are up, but searchers are down
Above: Cryptocurrency job trends.
Image Credit: Indeed
Searches for Bitcoin, Blockchain, and Cryptocurrency roles are going down — yet employer demand has skyrocketed. According to Indeed, in the four-year period between September 2015 and September 2019, the share of these jobs per million grew by 1,457%. In that same time period, the share of searches per million increased by 469%.
In the past year, the share of Cryptocurrency job postings per million on Indeed.com has increased by 26%, while the share of searches per million for jobs has decreased by 53%. Bitcoin’s volatility seems to correlate with job seeker interest, and the change in Bitcoin price this year might be why job searches have declined.
Employers, however, are doubling down on the technology, which uses decentralized ledgers to produce secure and transparent transactions.
Top 5 crypto tech jobs
From coding smart contracts to designing user interfaces for Cryptocurrency apps to building decentralized applications (dApps) that communicate with the Blockchain, there’s no shortage of work to be done in the Cryptocurrency field.
For a better chance at landing one