For what it's worth, I'm an MS3 who decided in pathology after a year of agonizing about whether or not to do path. My main concerns were giving up being a "real doctor" and getting swayed but a lot of the negative comments about the job market. In the end I realized I actually enjoy pathology the most and that trumps any idealized notions about being a "real doctor." Regarding the job market and all the rest i came to the conclusion that I cant read the future and no one else can. It may be better or worse by the time I'm looking for a job. I met a pathologist who said he heard the same stuff when he was in residency in the mid 90's. In the end, I'm gonna go for what I think I will enjoy the most and hope hard work and reasonable personality will help with finding a good job. Moreover, I think things get blown out of proportion.
We all know med school is full of people who love to complain and sing 'woe is me.' My experience in the hospitals shows nothing changes much when these students become doctors. Take everything with a grain of salt. I should have decided on path long ago but I listened too much to all the complaining on this board instead of actually paying attention to the ~15 real pathogists I've rotated with. They are all happy, enjoy their work, work 4.5 days/week, virtually no call, make above average pay, and think i'm fortunate to be considering pathology now and not after starting another residency or after 7 or 10 years after being in another specialty. Essentially all we have to go on is the impressions we get from those in the field and our enjoyment of the typical work of the specialty. On this message board you have mostly balanced comments with an occassional apologist for the end of the world. In 'real life' I get nothing but encouragment from those I've met, both in attitude and in observing their job situation. Btw, I have been in touch with 3 labs in a small city and surrounding area in PA...2 have hired people in the last year. And yes, I know, small sample size...but in addition to this message board and a few other resources, its all I got.
Am I making the overall best choice, I am not sure, time will tell. Am I going into the specialty I think (with my limited info) fits me the best when all things are considered (nature of work, hours, pay, etc), Absolutley. My advice, more real people.