Yes it's that bad. We have a labX and his fur is everywhere. It's next to impossible to get rid off it. Last week I washed the sofa covers (cheap ikea sofas on purpose) but it took only 3 days for them to look just like before. Not that I really care I love it when he comes to snuggle up with me and I find him snoring under my desk very relaxing when I'm frantically trying to meet a deadline.
I was going to suggest to adopt a greyhound as well but if you want an outside dog they're perhaps not such a good choice? They look so fragile and just seem to be made to laze aristocratically on a sofa.