I have an uncle who is a general orthopedist. He works 3 days per week and makes over one million dollars per year. There definitely is an oversupply of general orthopedists in some areas, but the job market is still pretty good. They had a study a few years ago which showed that areas with more orthopedists per population had more orthopedic procedures being done on the population instead of orthopedist working less in that area, so there is always inventing your own work too. For hand surgeons, my understanding is that most places have 1-2 hand specialists in a 50 mile radius, and these hand specialists make a fortune because they have tremendous negotiating power with insurance companies. Anyways, I haven't done too much research into orthopedics as a career, but the orthopedic residents who I have talked to seem very upbeat about their employment prospects after finishing residency.