Tech jobs boom in Q2 following crypto crash
Vacancies in the tech industry saw a significant increase in Q2 as the ‘crypto winter’ in the global market worsens.
“Crypto winter” is a popular term used to describe an extended period of losses and declines of the cryptocurrency sector.
According to employment website Freelancer.com, roles in Software Development (up 47%, from 2,076 to 2,076 jobs), Statistical Analysis (up 16%, from 1,459 to 1,698 jobs) are the most in demand in the April to June period.
On the other hand, NFTs (Non-fungible tokens) and crypto-related jobs saw the biggest declines in Q2.
As a result of the crypto crash, freelance jobs relating to crypto were heavily impacted. Over one year, jobs for cryptocurrency network Bitcoin dropped by 80% from 2,610 in Q2 2021 to only 542 in Q2 2022.
Cryptocurrency network Ethereum experienced a similar drop in interest, from 2,820 jobs in Q2 2021 to 1,176 jobs in Q2 2022.
“However, while demand for both crypto and NFT projects are down, there are still many clients on the platform that are turning to freelancers for support,” Freelancer.com stated.
“For example, many businesses will use the platform to help integrate Bitcoin payments into their websites, or post projects hiring Blockchain experts to help with adding NFT elements into game applications,” the employment site noted.
