Preceptorship application

So it is time for us to put in our preceptorship application and we have the choice of asking for a specialty or taking basic Med Surg. The school recommends everyone take basic med surg. One of my teachers has indicated that because I am an older student on my second career that I just go for the specialty I want. From the beginning I have wanted to do labor and delivery, but I am told that as for hiring the local hospitals don't hire new grads into the specialties and that just recently there is no nursing shortage and they aren't hiring at all. Two people who graduated in December and already worked for them did not get hired. Another person told me that there are peaks and valleys and the local hospitals are in a valley. We don't graduate until December so the situation may change. (I am hoping) Otherwise I may have to think about commuting to rural areas or moving.
My question is this should I go ahead and apply to preceptor in labor and delivery? Eventually I am considering going on and getting a Master's in Nurse Midwifery or should I just ask for Med Surg as it would mean a wider range of jobs should jobs become available?

I am really torn because I want to be in labor and delivery, but then I don't have any greatly negative feelings towards med surg and I would hate to graduate and not be able to find a job.