Report: U.S. Takes the Cake as the Largest Employer of Blockchain Labor
A new study by The Hard Fork shows that the United States is the world leader in blockchain-related job vacancies, followed by the UK and India. However, non-blockchain firms are the biggest hirers of labor.
LinkedIn made news in late 2018 when they announced that “blockchain developer” was one of their most searched for jobs of the year, which highlighted just how much the industry has grown worldwide and how many opportunities are available for skilled professionals despite the layoffs that have occurred due to the crypto price slump.
Now, a March 8, 2019 report dives deep into the specifics of the global crypto job market and comes up with some surprising findings. The data, which was gathered by The Hard Fork from Glassdoor, shows that the United States is the largest provider of blockchain-based jobs in the world, followed by the United Kingdom and India.
Findings From the Study
To gather the information used to draw their conclusion, the team at The Hard Fork went through Glassdoor and searched for all posts that mentioned “blockchain” in their announcements and included vacancies in marketing, development, and management among other titles.
The United States has about 5,711 blockchain-related jobs that are globally advertised while the UK has 1,015 while India announced 257 open positions. The most common terms used are ‘‘Blockchain Engineer,’’ “Senior Software Engineer,” and “Blockchain Developer.”
The study also went on to list the top ten employers of blockchain-related labor and surprisingly, only three are crypto-related firms including Foris Limited, Crypto.com and Wirex. Other firms to make appearances on the list include IBM, Oracle, and PwC.
While this might seem a bit odd, it should be noted that the blockchain and cryptocurrency industry is gaining new ground when it comes to institutional interest. Many larger firms are finally being convinced of blockchain’s future and want to get in on the action early. As such, they are hiring as much blockchain expertise as they can and because they have a lot of resources behind them and can afford to hire more labor.