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Bitcoin And Blockchain Job Hunts Drop 53% Over Past Year

Between September 2018 and September 2019, job opportunities in the crypto and blockchain space ... [+] became more available, but job seeker interest waned, according to recent data gathered by Indeed.Indeed

Over the past several years, the cryptocurrency and blockchain space has seen immense growth, not only regarding digital asset prices, but also in the many startups and existing businesses that are now involved in the industry and its underlying technology. Numbers from the past year, however, show decreased interest from job seekers even though the number of jobs in the crypto and blockchain industry has grown, according to recent data gathered by popular employment site Indeed.

From September 2018 to September 2019, “the share of cryptocurrency job postings per million on Indeed have increased by 26%, while the share of job searches per million have decreased by 53%,” Indeed detailed in a report provided to me.

These numbers are also down from the figures posted one year prior. September 2017 to September 2018 tallied a 214% growth in crypto and blockchain jobs on Indeed with a 14% growth in related job seeker searches, according to an email from an Indeed representative.

This past year is the first down year for crypto/blockchain job searches on Indeed since 2015. Indeed

Since the birth of the industry’s flagship asset bitcoin in 2009, entities have created numerous other digital assets, as well as various use cases for blockchain, the technology underpinning bitcoin. As these assets and their underlying technologies gained exposure, an increasing number of people entered the arena with ideas on how to harness such opportunities, leading to an increased number of available jobs in the industry.

“[B]etween September 2015 and September 2019, the share of these jobs per million for roles related to cryptocurrency grew by 1,457%. In that same time period, the share of searches for these jobs per million increased by ‘only’ 469...

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