What the experts tend to agree on however is that it's time to forget what you read. Australia is not in the grip of a jobs crisis, instead the nation is suffering from a severe case of economic hypochondria.
But trying telling that to the thousand Qantas workers who have lost their jobs, or the 12,000 Victorian manufacturing workers who got the sack last year.
Not to mention the 20,000 public servants in Queensland who have joined the dole queue.More stories from Today Tonight
Despite this, the experts tell us as a nation, we are in remarkably good shape.
According to Commsec's Craig James, "the job market is going to hold up a whole lot better than what people expect."
He says "we speak to small businesses and large businesses, and they're telling us that the job market is tight. It's still hard to attract and retain staff, and surveys show that as well."
However ANZ job advertisement figures released today and down twenty per cent on this time last year, don't paint a healthy picture.
But that doesn't necessarily equate to fewer jobs, explains James.
"Job ads don't have the same sort of predictive power that they may have had in the past," he said.
If you take a look back over the past decade, it's clear that things now are far from dire.
In January 2003 unemployment hovered just about six per cent. After five years of solid growth, that rate dipped to a historic low of four per cent - the result of booming world economies.
Things changed for the worse during the GFC, but even so the current jobless figure is a moderate 5.2 per cent.
According to demographer Bernard Salt "the Australian job market has traditionally been quite firm. Five per cent unemployment rate is not that bad when you compare it with overseas, but Australians don't compare ourselves with overseas. We compare ourselves with ourselves, and if there is a one percentage point (difference) in the unemployment rate, we are very concerned about that."
The outlook may not be rosy, but it's not all doom and gloom out there. While some industries are shedding jobs, the majority are holding on to staff and it will take a serious economic nosedive for that to change.
So if you're looking for good long-term opportunities, what jobs should you look for?The latest quarterly report from firm Hays predicts the most in demand jobs for 2013 will be:
- IT mobile specialists - with an increase in companies moving to let employees work remotely.
- Healthcare professionals - particularly registered nurses and physiotherapists, due to our ageing population.
- Energy and finance experts.
- Mines still have good opportunities for skilled workers, despite fears the resources boom is over.
This reporter is on Twitter at @PippaGardner7