• 1 day Big Business’ New COVID Initiative: No Jab, No Job
  • 3 days The Most Interesting Stocks Of Earnings Season, For Better or Worse
  • 5 days Chinese Stocks Rebound After Regulatory Scare
  • 7 days Apple Stocks Falls After Blowout Earnings Report
  • 7 days The 5 Biggest IPO Disasters Of 2021
  • 8 days Crypto-Based ‘Shadow Financial Market’ Spooks Regulators
  • 11 days Ireland Balks At Biden’s Global Tax Plan
  • 14 days Robinhood To Trade On Nasdaq Targeting $32B Valuation
  • 18 days Facial Recognition Is Watching You
  • 19 days Biden’s $3.5T ‘Human Infrastructure’ Workaround
  • 19 days The Fed’s $3 Trillion Headache
  • 22 days Why Bitcoin Could Struggle To Recover After Epic Crash
  • 22 days Wells Fargo Back In The Spotlight Over Personal Loan Cancellations
  • 23 days Delta Variant Real Threat To Economic Recovery
  • 26 days JEDI Drama Continues With Microsoft Contract Cut
  • 28 days DiDi Shares Take a Beating From Chinese Regulators
  • 29 days Thousands Of Companies Hit In Latest Ransomware Attack
  • 29 days Jobs Report Has Big Numbers, But Still Big Problems
  • 30 days Robinhood’s ‘Mission’ Questioned in $70M Fine
  • 33 days Didi Just Went Public, And Uber Is Loving It
  1. Home
  2. Tech
  3. Other

The Most Desirable Profession In Tech

Cash

With blockchain technology poised to upend virtually every industry on the planet, from global resource distribution to big finance, it’s safe to say that developers who are experts in blockchain tech are highly sought after.

In fact, according to the new U.S. Emerging Jobs Report from Microsoft-owned Linkedin, developers and engineers specializing in peer-to-peer distributed ledger platforms have surged by 330 percent this year, miles ahead of any other profession.

In a distant second, growing by over 120 percent this year, as the demand for machine learning engineers.

Like blockchain developers, A.I. engineers were wanted most in San Francisco and New York.

Linkedin’s study reveals similar findings to Hired, a tech-focused firm that helps clients recruit candidates, which noted that, despite falling crypto prices and a lower amount of bitcoin and cryptocurrency related gigs, blockchain jobs were soaring. And so were the salaries.

Unsurprisingly, the report named software engineering as the position with the most openings in U.S. markets. With over 80,000 positions available, knowing how to code can make someone very desirable in the job market.

So how much do these jobs pay?

 According to the Hired report, blockchain jobs are now on par with A.I. engineers, reaching as high as $175,000, sometimes even higher. And compared to the average tech worker salary, even in San Francisco, which clocks in at around $142,000, demand is so high that the number is likely to continue rising. Related: Worst December For Stocks Since The Great Depression

Mehul Patel, CEO of Hired, explained, "There's a ton of demand for blockchain," adding "Software engineers are in very short supply, but this is even more acute and that's why salaries are even higher."

Who’s hiring?

Unsurprisingly, already-established tech giants such as Microsoft, Oracle, IBM, Visa, Mastercard, Accenture, and Facebook are leading the charge, but startups and smaller private companies becoming increasingly competitive.

Armed with venture capital and, in some cases, crowdfunding, smaller players are able to offer up a pretty penny for the right talent.

But even then, the right talent may be hard to come by.

While there are nearly 20 million software developers in the world, there are only a handful of dedicated blockchain engineers, though that number is steadily climbing.

By Michael Kern via Crypto Insider

More Top Reads From Safehaven.com

Back to homepage

Leave a comment

Leave a comment