LinkedIn Chief Economist Guy Berger opens the report describing it as an opportunity for professionals to make informed career decisions, utilizing data gathered from LinkedIn’s Economic Graph, which is a portal to job market data.
According to the report from the professional social network, blockchain developers are in hot demand as data gathered by LinkedIn reveals a growth of 33 times. Geographically, San Francisco, New York City and Atlanta are the three cities clamoring for blockchain developer talent. In addition, the top skills listed were Solidity, Blockchain, Ethereum, Cryptocurrency, and Node.js.
Blockchain developers beat out Machine Learning Engineers, Application Sales Executives, and Machine Learning Specialists by a significant margin. The report says that this news may not come as a surprise given “this year’s surge” of blockchain and cryptocurrency fascination, though it does go on to add that “only time will tell if blockchain will be a long-standing trend in the job market”.
This isn’t the first time that blockchain technologies have topped the job charts in the United States. In June, freelance website Upwork posted its Q1 2018 Skills Index which ranked the 20 fastest-growing skills in the freelancing world with blockchain topping the US charts.
Aside from the value of cryptocurrency markets, it appears as though blockchain is a lucrative option for tech-savvy workers. So much so in fact, that even Silicon Valley engineers are abandoning their “dream jobs” and entering this new and rapidly evolving industry.
In October, job search website Glassdoor reported a staggering increase of blockchain and cryptocurrency industry job vacancies which contained keywords such as blockchain, bitcoin, and other related terms. The research found that as of August 2018, there were 1,775 “unique blockchain-related job openings” in the US which, compared to August 2017 (466 jobs), was a 300% increase. Interestingly, Glassdoor Economic Research found that “Bitcoin job growth” was “outpacing cryptocurrency prices” as per this graph.
Seemingly, the waxing and waning of the cryptocurrency markets are doing little to stifle the growth of the blockchain job market, which may be indicative of a maturing industry. With demand so high, efforts to educate the new work-force are underway in places like Russia, as well as numerous academic institutions in the United States including New York University.
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