Here is an optimistic article I read about the future of Graphic Design. The actual article can be found at artbistro.
Employment of graphic designers is expected grow about as fast as average. Keen competition for jobs is expected.
Individuals with a bachelor’s degree and knowledge of computer design software, particularly those with Web site design and animation experience will have the best opportunities.
How Employment Will Change
Employment of graphic designers is expected to grow 10 percent, about as fast as average for all occupations from 2006 to 2016, as demand for graphic design continues to increase from advertisers, publishers, and computer design firms. Some of this increase is expected to stem from the expansion of the video entertainment market, including television, movies, video, and made-for-Internet outlets.
Moreover, graphic designers with Web site design and animation experience will especially be needed as demand increases for design projects for interactive media—Web sites, video games, cellular telephones, personal digital assistants, and other technology.
Demand for graphic designers also will increase as advertising firms create print and Web marketing and promotional materials for a growing number of products and services.In recent years, some computer, printing, and publishing firms have outsourced basic layout and design work to design firms overseas.
This trend is expected to continue and may have a negative impact on employment growth for low-level, technical graphic design workers. However, most high-level graphic design jobs will remain in the U.S. Strategic design, the work of developing communication strategies for clients and firms to help them to gain competitive advantages in the market, requires close proximity to the consumer in order to identify and target their needs and interests.
Job Market for Designers
Graphic designers are expected to face keen competition for available positions. Many talented individuals are attracted to careers as graphic designers. Individuals with a bachelor’s degree and knowledge of computer design software, particularly those with Web site design and animation experience will have the best opportunities.Graphic designers with a broad liberal arts education and experience in marketing and business management will be best suited for positions developing communication strategies.
Earnings for Artists
Median annual earnings for wage and salary graphic designers were $39,900 in May 2006. The middle 50 percent earned between $30,600 and $53,310. The lowest 10 percent earned less than $24,120, and the highest 10 percent earned more than $69,730. May 2006 median annual earnings in the industries employing the largest numbers of graphic designers were:
Specialized design services $43,410
Advertising and related services 41,600
Newspaper, periodical, book, and directory publishers 34,290
Printing and related support activities 33,930
Newspaper publishers 31,540
According to the American Institute of Graphic Arts, median annual total cash compensation for entry-level designers was $35,000 in 2007. Staff-level graphic designers earned a median of $45,000. Senior designers, who may supervise junior staff or have some decision-making authority that reflects their knowledge of graphic design, earned a median of $62,000.
Solo designers who freelanced or worked under contract to another company reported median earnings of $60,000. Design directors, the creative heads of design firms or in-house corporate design departments, earned $98,600. Graphic designers with ownership or partnership interests in a firm or who were principals of the firm in some other capacity earned.
