Crypto Job Interest 'Still Strong' Despite Decline, Says Indeed

Interest from both employers and job seekers in blockchain and cryptocurrency-related jobs has declined in the past year, Indeed.com data indicates.

AccessTimeIconNov 16, 2018 at 2:45 p.m. UTC
Updated Sep 13, 2021 at 8:36 a.m. UTC

Interest from both employers and job seekers in blockchain and cryptocurrency-related jobs has declined in the past year, new data indicates.

According to figures provided to CoinDesk from one of the largest jobs sites, Indeed.com, searches for roles involving bitcoin, blockchain and cryptocurrency dropped by 3.06 percent from October 2017 to October 2018 (blue line on graph below).

Meanwhile, employer interest in such jobs – that is, the number of job postings – increased by 25.49 percent over the same period (red line on graph).

The statistics paint a “very different” picture than that seen last year, Indeed said.

In the year from October 2016 to October 2017, job seeker interest rose by 481.61 percent, while employer interest increased by 325 percent.

CoinDesk - Unknown

Raj Mukherjee, Indeed’s senior vice president of product, told CoinDesk:

“While over the last few years Indeed saw a steady rise in job seeker interest for roles related to cryptocurrency, our data shows that job searches for these roles really picked up around the time when the cost of bitcoin was at its highest. Since then job seeker interest has gone down, but still remains strong.”

A different report from job portal Glassdoor, published last month, indicated a 300-percent increase in blockchain-related job openings in the U.S. after comparing the month of August this year and last. The median salary also rose by 61.8 percent to $84,884 per year for blockchain-related jobs, it said.

Job seekers image via Shutterstock 

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Trending

1
CoinDesk - Unknown
NFT Platforms Should Be Caught by EU Money-Laundering Overhaul, Lawmakers Say

Unhosted wallets and decentralized finance were left largely unscathed by two landmark crypto laws agreed to last week, but left-wing lawmakers may seek another go as they discuss dirty-money rules.

CoinDesk - Unknown
2
CoinDesk - Unknown
Bitcoin se recupera y supera los $19K; Nomura advierte de una recesión en EE. UU. y Reino Unido

Nomura escribió acerca de una recesión en la eurozona, el Reino Unido y Asia Pacífico, lo que podría influir en los precios de las criptomonedas.

CoinDesk - Unknown
3
CoinDesk - Unknown
Argentinos se refugian en stablecoins durante el fin de semana tras dimisión del ministro de Economía

Los principales exchanges del país informaron que los usuarios compraron hasta tres veces más criptomonedas estables que durante un fin de semana normal, en medio una crisis económica en ciernes.

CoinDesk - Unknown
4
CoinDesk - Unknown
Polkadot Builder Parity Technologies Adds 3 Execs to Leadership Team

The new executives joining Parity are Eran Barak (COO), Peter Ruchatz (CMO) and Fahmi Syed (CFO)

CoinDesk - Unknown