Soon only PhD's will get employed :/My point was that someone who gets a BSc in Physics (and nothing more) isn't going to be qualified to be a Geophysicist either. Just as a Chemistry major is not going to suddenly have a bunch of job opportunities in the field of Chemistry. The job opportunities for those people who stop after a BA/BSc are pretty much the same, with very few exceptions. The situation really only changes for those who pursue very "applied" courses in CS/Engineering or Business/Commerce. And they're exceptions because these degrees are often highly tailored to be job training.