Growth of crypto jobs in 2022
Introduction
The growth of crypto jobs 2022 is accelerating, according to a new report. The tech industry has long been at the forefront of this trend — but as it becomes more mainstream, non-traditional sectors are also jumping on board.
According to a study by Comparably, the compensation of crypto developers has increased by 34 percent in the past year.
According to a study by Comparably, the compensation of crypto developers has increased by 34 percent in the past year. The average compensation for a crypto developer is $115,000 per year, with top earners making over $200k annually.
It’s important to note that this number is higher than the average salary of software engineers ($108k) and even more so than what professionals in other popular industries like marketing and sales make ($94).
The number of crypto jobs is up fivefold this year compared to last, according to analysis by LinkedIn.
If you're looking for a job in the cryptocurrency industry, there's good news: the number of crypto jobs is up fivefold this year compared to last. That's according to analysis by LinkedIn and data from Indeed, which found that the number of crypto positions listed on LinkedIn increased from 118 in February 2018 to 669 in July 2019—a 459% increase.
The findings are not surprising given the huge rise in Bitcoin's price over just a few months' time. A CNBC survey found that half of all financial institutions plan on adding staff focused on cryptocurrencies over the next three years; Bloomberg reports that Goldman Sachs has already hired hundreds more people than planned specifically because of its new focus on digital assets (though these hires also include traditional finance roles as well).
There are 4,929 open crypto positions currently on LinkedIn.
There are 4,929 open crypto positions currently on LinkedIn. That’s up 5X this year, making crypto one of the fastest-growing industries in the world right now. The United States accounts for the largest share of these hiring efforts (43%), followed by South Korea (7%), China (6%), and Canada (5%). New York City accounts for the largest share of postings by far at 28%.
And the U.S. accounts for the largest share of these hiring efforts, with more than 2,157 positions available as of October 11.
The U.S. accounts for the largest share of these hiring efforts, with more than 2,157 positions available as of October 11. The UK ranks second with 1,600 jobs in blockchain and cryptocurrency, followed by India and Australia with 495 and 440 open positions respectively.
In addition to the large number of job openings in the U.S., there are also high levels of competition among candidates looking to fill these positions--as many as one in four applicants have been successful in securing a job related to crypto assets or blockchain technology since early 2019 alone!
New York accounts for the largest share of postings — about 19%, followed by San Francisco at 15%.
New York accounts for the largest share of postings — about 19%, followed by San Francisco at 15%. The second-most popular city, Los Angeles, is only home to 9% of crypto job ads.
There are more than 1,000 open crypto positions on Indeed.com alone.
As the crypto industry continues to grow, more and more jobs are being created. In fact, there are more than 1,000 open crypto positions on Indeed.com alone.
According to LinkedIn's 2019 U.S. Emerging Jobs Report, the number of crypto-related job postings has increased fivefold from 2018 to 2019—up from roughly 900 jobs in 2017 to 4,200 this year!
Comparably found similar results in their own report: they found that there were over 400 percent more "Bitcoin" related job openings in February 2019 than there were in May 2018 (200 vs 60).
A variety of roles have emerged as well as blockchain technology has evolved and gained adoption — including project managers and managers of software engineering teams responsible for blockchain-based products and services.
As blockchain technology continues to evolve and gain adoption in the marketplace, a variety of roles have emerged as well. Blockchain-focused roles have also emerged outside traditional tech companies that operate in specialized sectors such as finance, payments and e-commerce.
Blockchain developers, software engineers, project managers, product managers and marketing managers are all in demand. The number of jobs posted on Upwork mentioning “blockchain” rose from around 12% of total job postings between 2012 and 2018 to 18% by 2021.*
Blockchain-focused roles have also emerged outside traditional tech companies that operate in specialized sectors such as finance, payments and e-commerce.
While jobs in technology and fintech have dominated the blockchain jobs market, there has also been rapid growth of related roles outside traditional tech companies that operate in specialized sectors such as finance, payments and e-commerce. The emergence of blockchain-focused roles has been driven by the growing demand from companies that want to keep up with their competitors or speed up their own product development processes.
For example, IBM is currently hiring over 400 employees for its Blockchain Cloud Service department to develop new blockchain products for clients in industries such as banking and insurance services.
The growth of crypto jobs 2022 is accelerating
There are more than 1,000 open crypto positions on Indeed.com alone.
The U.S. accounts for the largest share of these hiring efforts, with New York accounting for the largest share of postings (708).
On LinkedIn, there are 4,929 open crypto positions currently posted, with San Francisco being the location with the most openings (1,785).
Conclusion
The growth of crypto jobs 2022 is accelerating, with more than 2,157 open positions currently on LinkedIn. That’s up from just 1,875 in January and 1,042 the previous month — a rise of 43% and 54%, respectively. And it’s likely to continue that way as blockchain technology continues to evolve.
Disclaimer: This article was written by an AI bot from writesonic.com.