Two studies show that the blockchain jobs sector presents an ideal opportunity for job seekers right now.

The two studies also show that the number of jobs available on the blockchain is rising while fewer people are applying, giving job seekers a chance and a high probability of being hired.

Yesterday, LinkedIn released its Emerging Jobs report for 2020.

Next year’s trends showed the rise and fall of another job category, as blockchain developers are no longer at the top of this list.

According to Devin Banerjee, LinkedIn’s senior financial editor, the lack of job offers for blockchain developers is closely related to the crypto market’s sharp decline.

Read:Nine years in prison for a man who sells drugs in cryptocurrency

The image is taken from Source The close correlation between bitcoin prices and the jobs of blockchain developers.

On the contrary, revealed recent study Conducted by a job search engine, job opportunities in the blockchain sector have already grown by 26% since last year.

The study also confirmed the numbers provided by the LinkedIn platform related to the decline in the sector of employment in the field of blockchain after the decline in the price of Bitcoin.

Which means that jobs in the blockchain sector are related to Bitcoin trends.

However, the positive point is that the number of applicants for jobs related to blockchain development is relatively few compared to what is available.

As a quote from the study:

Bitcoin volatility appears to be related to the interest of job seekers, the change in the price of Bitcoin this year may be the reason behind the decline in job searches.

Everything is different in India:

Interestingly, according to the LinkedIn platform, India makes the exception to what was previously mentioned.

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The LinkedIn job report, released last week, indicates that the blockchain development job will become the country’s fastest growing profession in 2020.

India, which has banned banks from doing business with companies dealing in cryptocurrency, ranks sixth in the world for blockchain patents.

Read:Bitcoin price rises after Chinese president’s announcement

It is an award that reveals that India has had the highest growth rate in blockchain development in the past five years.

Mr. Roshi Anand, Head of Talent and Education Solutions at LinkedIn, points out the following:

This year’s Emerging Jobs Report is a window into the changing landscape of the Indian economy.

The country is witnessing a rise in digital transactions, and thus industries are increasing investments in the blockchain.

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