This Comprehensive Five-Factor Study on the Top 20 US Cities for blockchain jobs is one of the most comprehensive studies made so far.
The in-depth study and analysis, was released and conducted by the Crypto Fund Research. The study is the first of its kind and includes more factors for a better and more accurate result.
Previously made studies on the best US blockchain jobs and the job market, have looked only on internet job postings. The comprehensive Five-Factor Study includes an in-depth look at four additional indicators of the overall health of the US blockchain jobs market for more than 350 US cities.
The most accurate research to date
So, what are the Top 20 US cities for Blockchain jobs? Previous attempts to answer this question have focused primarily on internet job posts analysis. But to truly answer the question and to better understand the US Blockchain jobs climate, more factors had to be looked upon.
Most companies do not advertise their job offers on public listings and rely mostly on referring, recruiters or headhunters. Also, internet job postings are only accurate for a set period of time. Some job postings are on the internet, but are not available any more.
That’s why the Crypto Fund Research embarked on a months-long mission to research and put together a comprehensive, but in-depth ranking for the Top 20 US Cities for Blockchain jobs.
They analyzed more than 300 cities across the United States of America, over 3 million job offers, multiple factors and indicators about the overall blockchain job ecosystem, and combined them with a data-driven approach.
They’ve added evaluations on cities by count of blockchain startups, the number of crypto funds, newly-made blockchain companies from the past 120 days and the health of the employment market.
All of the above resulted in an accurate and thorough research for US blockchain jobs, which also indicates growth potential of the US blockchain jobs market. Read below about the ranking of the best United States cities for blockchain and cryptocurrency jobs:
Top 20 US Cities for blockchain jobs:
San Francisco, CA
New York, NY
Los Angeles, CA
Palo Alto, CA
Menlo Park, CA
Mountain View, CA
San Jose, CA
San Diego, CA
Santa Clara, CA
Five key factors and indicators that determined the TOP 20 US Cities for Blockchain work
The five key factors, on which the study is based on, are:
Number of Blockchain Job Postings
Number of new Blockchain startups in the last 120 Days
Crypto Hedge Funds and Venture Capital
Top 300 Blockchain Companies
Overall health of the Job Market ecosystem
This heavy data-based approach and multi-factor decision making is building the bigger picture out of the US blockchain jobs market. Compared to internet job listings, this research gives you a lot of information, statistics and a strategy for your job search.
It is great that they take into account venture capital in the industry, crypto and blockchain funds, because it is a great pointer toward where the investors’ interest is. The study provides a great look at each city’s growth potential in the cryptocurrency sector, both in the short term and long term.
The Crypto Fund Research examined around 3 million job posts across the four leading job sites. Furthermore, they examined thousands of cryptocurrency startups and blockchain companies, the employment data for over 300 metro areas and more than 300 cryptocurrency venture funds and hedge funds.
The research-based analysis is made to be as accurate and objective as possible. However, there isn’t a 100% accurate way to do the statistical analysis and to fully remove all subjectivity.
Top 20 US Cities for Blockchain Jobs: New York and San Francisco
It is not surprising that San Francisco and New York are topping the list of the top 20 best cities for US blockchain jobs. Both cities are thriving in the IT industry, with a lot of talent coming from top universities and great capital markets.
Both cities are considered as desirable places to live and the high point of people’s careers. Boston, Chicago and Los Angeles are completing the top five, which is also predictable. These cities also offer great perspective and potential.
A pleasant surprise, were cities like Austin, Portland and Nashville, which showed that the industry is expanding rapidly. Eight of the cities for US blockchain jobs are in the Bay Area, which is not surprising.
They have become a great place for the development of technology companies, so it was obvious that blockchain companies would choose the area, considered to be the most developed technology ecosystem.
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