Everywhere I applied to as a graduating senior last year requested GPA and transcript. Now being on the other side, we throw out almost every applicant with anything below a 3.6-3.75, even higher this year in light of the increased number of applicants/less available jobs.
It all depends on what field you're going into. Start looking at some of the jobs you want now, regardless of how far away you are from applying to them and see what they require: resume, cover letter, sat?(some ask for this), gpa, transcript - should give you a sense of the relative weight of a gpa for your field.
Conversely, GPA won't matter to your employers unless you plan on working for someone like Google, where you have to rock a 4.0 from Stanford in Computer Science while simultaneously closing puppy mills single-handedly, getting a patent by the age of 18, curing cancer and freeing the refugees in Sudan.
Correct it depends on the field
Incorrect GPA is an indicator if future progress. You really prefer to have a bunch of pussies who know a few Robert Frost poems versus a kid who contributed to OSS projects for 3 years? Failboat
What exactly makes a kid who works his ass off in college a pussy?