Blockchain Jobs Continue to Rise Despite Global Recession

Despite global recession in both crypto and traditional markets, many blockchain jobs continue to rise.

Trillions of dollars have been injected into the global markets in an attempt to revitalize the world economy. The U.S. alone recently hit its highest unemployment rate in history.

The whole world seems to be falling apart except for blockchain

Kraken, one of the largest cryptocurrency exchanges in the United States, is looking to increase its job force by 10%, despite the recent dips in crypto price, according to Forbes on March 26.

Kraken’s team, currently 800 members strong, is adding an additional 67 hires to the company over the coming weeks. Many of the company’s openings are for people who are hospitality professionals with skill sets focused around the liberal arts.

Indeed.com displayed approximately 114.5 per million blockchain-centric jobs last December, right before the first new coronavirus case was reported. By February 2020 that number had increased 3% to 118.4 per million.

Optimism In Blockchain Industry Booms Despite Global Recession

Blockchain industry experts are bullish towards the crypto market. Jihan Wu, Founder of Bitcoin mining giant Bitman, gave his first interview of 2020 at a Chinese blockchain media event, revealing his continued optimism for a crypto market bull run over the coming year. He explained that:

“There are two reasons: first, from China and its neighboring countries experiences, coronavirus can be obtained and taken under control in about 2 months. Secondly, countries around the world are adopting great quantitative easing monetary policies.”

Tyler Winklevoss, co-founder of the Gemini cryptocurrency exchange, also stated on Twitter yesterday that Bitcoin is the “only vaccine in the world that can give you immunity to the money printing disease.”

Cointelegraph reported previously that blockchain will be the most in-demand hard skill in 2020, along with cloud computing, analytical reasoning, and artificial intelligence.

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