From the photo your brake pad looks fine.
As for the squeak, it might have something to do with how hard you brake.
If you do mostly light braking then try some heavies and it'll go away for a while.
My bike front brake used to squeak when it was new too, and a-now-and-then heavy braking got rid of it. With some km under the belt and a different braking style, the squeaks are gone.
As for brake pad life, so far I've done 12,000km of nearly pure commuting without any worries and they've plenty of life left.
If you are deeply worried, go back to the bike shop and ask them to give it a quick look and maybe spin around the block. They'll tell you up straight the situation.
90% of the time spent writing this post was spent thinking of something witty to say. It may have been wasted.
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