Cryptocurrency Jobs Increase by 300 Percent, Ethereum Incubator ConsenSys Labs Lists Most Vacancies

Despite the cryptocurrency market slowdown and regulatory uncertainty in 2018, cryptocurrency- and blockchain- related job and roles have increased significantly, indicating clear interest and considerable demand in the sector.

As per data collated by job portal Glassdoor, traditional companies have ramped up hiring for blockchain and blockchain associated jobs.

The company researched millions of jobs to find 1,775 openings in the U.S. alone - a 300 percent increase compared to 2017.

Most jobs were found to be technical, such as engineering or product management positions, over traditional finance jobs like analysts and traders.

Most jobs in the U.S. were located in financial and tech capitals such as New York City and San Francisco.

Together, the two cities commanded 24 percent and 21 percent of all jobs, with San Jose, Chicago and Seattle, making the top five.

The trend continues in international locations as well, with financial hubs of London, Singapore, and Hong Kong, listing the most jobs for blockchain-related roles.

Engineering roles make up for 55 percent of all job openings, suggesting a massive demand for skilled workers who can advance the blockchain sector.

Regarding vacancies, Ethereum incubator ConsenSys Labs has over 200 jobs available despite having less than a thousand employees.

Of all traditional companies, IBM tops the list of vacancies and is tied with ConsenSys per its 214 job openings.