Some employers are hiring people with science degrees, but some science grads are suffering as well. Maybe not as much as some other fields, but basic research funding has been dropping as of late. Many Masters of science have difficulties finding jobs, and when they do, they are often paid below what they are worth.

Let's not even get into Ph.D.s who are willing to competing for Masters level jobs.

Science is not the occupation that will save everyone; it usually creates a hiring pool of excellent people and that only benefits the employer. If everyone shuffles to one field, then that field will be devalued as they shuffle to another.