Hi! I'm glad you asked, because I am a librraian and I get hundreds of career questions each month. The best place to find salry, qualifications, and working condition information is the U.S. Department of labor's Occupational Outlook Handbook.
Here is what the 2006-2007 handbook says about graphic designers:
"A bachelor’s degree is required for most entry-level and advanced graphic design positions; although some entry-level technical positions may only require an associate degree. In addition to postsecondary training in graphic design, creativity, and communication and problem-solving skills are crucial. Graphic designers also need to be familiar with computer graphics and design software. A good portfolio—a collection of examples of a person’s best work—often is the deciding factor in getting a job.
Bachelor’s of fine arts degree programs in graphic design are offered at many colleges, universities, and private design schools. The curriculum includes studio art, principles of design, computerized design, commercial graphics production, printing techniques, and Web site design. In addition to design courses, a liberal arts education or a program that includes courses in art history, writing, psychology, sociology, foreign languages and cultural studies, marketing, and business are useful in helping designers work effectively with the content of their work. Graphic designers must effectively communicate complex subjects to a variety of audiences. Increasingly, clients rely on graphic designers to develop the content and the context of the message in addition to performing technical layout work.
Associate degrees and certificates in graphic design also are available from 2- and 3-year professional schools. These programs usually focus on the technical aspects of graphic design and include very few liberal arts courses. Graduates of 2-year programs normally qualify as assistants to graphic designers or for positions requiring technical skills only. Individuals who wish to pursue a career in graphic design—and who already possess a bachelor’s degree in another field—can complete a 2-year or 3-year program in graphic design to learn the technical requirements.
The National Association of Schools of Art and Design accredits about 250 postsecondary institutions with programs in art and design. Most of these schools award a degree in graphic design. Many schools do not allow formal entry into a bachelor’s degree program until a student has successfully finished a year of basic art and design courses. Applicants may be required to submit sketches and other examples of their artistic ability.
Increasingly, employers expect new graphic designers to be familiar with computer graphics and design software. Graphic designers must continually keep up to date with the development of new and updated software, usually either on their own or through software training programs.
Graphic designers also must be creative and able to communicate their ideas in writing, visually, and verbally. Because consumer tastes can change quickly, designers need to be well read, open to new ideas and influences, and quick to react to changing trends. Problem-solving skills, paying attention to detail, and the ability to work independently and under pressure also are important traits. People in this field need self-discipline to start projects on their own, to budget their time, and to meet deadlines and production schedules. Good business sense and sales ability also are important, especially for those who freelance or run their own business.
Beginning graphic designers usually receive on-the-job training and normally need 1 to 3 years of training before they can advance to higher level positions. Experienced graphic designers in large firms may advance to chief designer, art or creative director, or other supervisory positions. Some designers leave the occupation to become teachers in design schools or in colleges and universities. Many faculty members continue to consult privately or operate small design studios to complement their classroom activities. Some experienced designers open their own firms or choose to specialize in one area of graphic design."
Also:"Among the five design occupations, graphic designers are expected to have the most new jobs through 2014; however, job seekers are expected to face keen competition for available positions."
Click here for complete information: http://www.bls.gov/oco/ocos090.htm