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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Cryptocurrencies

Cryptocurrencies

In 2021, LinkedIn posts about crypto jobs increased by 395%

In 2021, LinkedIn Posts About Crypto Jobs Increased By 395%
LinkedIn jobs/courtesy LinkedIn jobs/courtesy
In 2021, LinkedIn Posts About Crypto Jobs Increased By 395%
LinkedIn jobs/courtesy LinkedIn jobs/courtesy

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In 2021, LinkedIn posts about crypto jobs increased by 395%. Bitcoin, Ethereum, blockchain, and cryptocurrency-related job postings grew by 395 percent in the US last year.

Prices didn’t just rise last year. According to LinkedIn, there were 395 percent more job searches for crypto-related positions in the US in 2021 than there were in 2017.

The crypto industry has grown at a faster rate than the broader tech sector, which has nearly doubled the number of job postings it has. The tech sector, which has grown by 98%, pales in comparison to the 3950% increase in crypto-related jobs.

In 2021, no industry was safe from the “crypto-ization” of the world. The article on LinkedIn News shed light on how the cryptocurrency market affects other sectors:

Even though software and finance accounted for the majority of the job postings, demand for crypto specialists is growing across all sectors. Professional services like accounting and consulting and the staffing and computer hardware industries are included in this category.

The growth trend is expected to continue in 2022. As a result, the biggest exchanges in crypto have hundreds of open positions, including Coinbase (over 250), Kraken (300), Binance (600), and others.

There’s a new resource for Bitcoiners and Bitcoin (BTC) maximalists: Bitcoiner jobs. Nearly 100 Satoshi-approved jobs are now available through this service to connect Bitcoiners with Bitcoin-only businesses.

A new HR trend is offering crypto-based compensation for those who can’t make the switch to a crypto-based career. It has been announced that the mayors of New York and Miami will receive some of their salaries in Bitcoin in 2021, while seven NFL players have already made the switch from cash to cryptocurrency.

Despite this, LinkedIn users aren’t sold on the idea of a crypto career change, despite its apparent popularity. One enraged copywriter rebuked the industry for its shady practices in one of the many comments left on the LinkedIn post by perplexed onlookers.

It’s also possible that, given Bitcoin’s lackluster price action in 2022, the crypto industry may not be able to sustain such high human resources growth rates.

Plentiful cryptocurrency businesses reduced their workforces as a result of last year’s bear market. Therefore, BTC activity needs to increase to support the creation of new jobs.

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