(a) Yes, there are job opportunities in physics. If you want to be a principal investigator in research, you will need a PhD (with the usual caveat about exceptions and outliers). That means (in the US) typically 4 yrs for a BS followed by ~6 yrs or so for a PhD (plus additional years as a postdoc if you wish to pursue a career in academia). The vast majority of physics PhDs will not end up in physics research, which is primarily conducted at universities or government labs; the heyday of physics research at great industrial labs such as Bell Labs and IBM Watson has sadly passed. Whether you will achieve a successful career in physics research, no one here knows. And
you won’t know, unless you try. If you don’t try, you’ll never know.
(b) Here’s the perspective I offer students that I’ve mentored. Unlike a degree such as a MBA, MD, or JD, a PhD in physics is not necessarily a means to an end: it can be an end in itself. Typically (in the US), you can earn your PhD debt-free: any university that really wants you will offer you a full tuition waiver plus financial support (e.g., fellowships, teaching assistantships, and research assistantships) sufficient to cover your living expenses (if you are single). You are free to pursue your research passion as a grad student (and as a postdoc if you wish). Once that phase of your life is over, you move on.
(c) If you land a research career in a university or government lab, that’s great. If you don’t, you will likely get a job in industry or some other field; see these recent related threads:
https://www.physicsforums.com/threa...ial-jobs-do-physics-phds-tend-to-land.967505/https://www.physicsforums.com/threads/article-from-physics-world-on-a-pathway-to-industry.966270/
Also, see this recent report from the American Physical Society (APS):
https://www.aps.org/programs/indust...il&utm_term=0_825303224b-d83e8bdca6-106552245[The full report is slow to download.]
Even if you major in physics, either as an undergrad or grad student, and intend to pursue a career in physics research, however, you should have a Plan B in case things don’t work out. Take electives in courses such as engineering, computer science, statistics, data analysis, business, and finance.
(d) The hi-tech job market is fickle. The job market can invert (hot to cold, or cold to hot) within a period of only a year or two. That’s why it’s precarious to pick a major based on what’s hot when you enter college: you don’t know what the market will be when you graduate. I’ll give you several real-life examples.
* The most egregious example is the InterNet Bubble of the latter half of the 1990’s, followed by the InterNet Bubble Burst of 2000 – 2001. At the end of 1999, there was such a shortage of R&D staff in optoelectronics that some US companies were actively recruiting overseas. BUT, by mid-2001, there were massive layoffs across the industry.
* In the aftermath of the oil crisis starting in 1973, there was a high demand for chemical engineers for the petroleum industry. A relative of mine entered college (one of the top engineering schools in the world) in the early 1980’s, and majored in ChemEng with the expectation that a job would be waiting for him. Surprise, surprise: 4 years later the economy had changed substantially, the demand for chemical engineers had cooled, the supply of chemical engineers had grown ... and he couldn’t find a job. He headed off to med school and ultimately had a successful career as a medical doctor.
* I’ve read a couple of posts that a major in chemistry is a safer bet than physics. I both smile and wince. In 2013, I was mentoring a student who was completing her PhD in materials science and engineering (MS&E). I was helping her with her job hunt; she was interested in a career biased towards straight chemistry. The demand for PhD chemists turned out to be low at the time; entry salaries had actually been dropping for several years. She ultimately did land a job with a chemical company, but her salary was substantially lower than MS&E classmates who landed jobs with, e.g., semiconductor or aerospace companies [and this was not due to her PhD being in MS&E rather than chemistry; she got the going rate for PhD chemists].
Here are three snapshots of times when the demand for chemists were not so rosy:
http://cenblog.org/just-another-ele...t-of-chemists-with-bachelors-degrees-as-well/https://cen.acs.org/articles/91/i4/New-Bachelor-Level-Chemists-Face.htmlhttps://www.chemistryworld.com/news...ed-by-american-chemical-society-/9565.article