Too many people study statistics. My friend in Chicago told me there are around 300 guys will graduate from three universities of NC(NC state, NC at Chapel Hill, Duke). There is a big trouble for his job hunting in August. He will probably be laid off from a big pharm( cuz around 20% have to go) . He , a former Ph.D degree in biostatistics, has worked as Biostatistician for several years and has GC. In UC Berkelyey, around 50% Ph.D.s work for postdoc. Most of them do genetic research. I think there are many MSc. students can't find job in current situation.
Several years ago, many Chinese guys studied
Actuarial sciences because of good job market. but now it's terrible.
Hope everyone makes his own decision about what you want to lbe.
Don't be fooled by other people.
Think about 1000-year-postdoc of Bio in USA and the newspaper's ad in China that 21st century is the century of Bio. When you look back, you find it's just a bu****it.
Good luck for everyone.