According to the US Bureau of Labor Statistics 22.7% of 16- to 19-year-olds are unemployed and are finding their traditional jobs taken by people in their thirties and forties. But this is a generation that has role models like Steve Jobs of Apple and Larry Page and Sergey Brin of Google and they are turning away from McJobs to set up their own small businesses. Donna Fenn, has interviewed 150 young entrepreneurs for her forthcoming book, Upstarts!: How GenY Entrepreneurs are Rocking the World of Business and 8 Ways You Can Profit from Their Success
Read more about teen entrepreneurs in The New York Times (free registration required).
Hat tip to Chris Guillebeau