Career education tends to focus on the bureaucratized sector of the labor market, display little understanding of the realities of the free section (small employers), and ignore self-employment. In considering what could be done within the education system to help young people to create their own work opportunities, a model of the labor market has been proposed in which two factors are given prominence. This four-sector labor market model is: dependent formal, independent formal, dependent informal, and independent informal employment. Findings from an interview program show that young self-employed individuals thought their education was irrelevant, that the naivety of the unemployed was a strong indictment of schools, and that secondary students expressed their ambitions in terms of dependent employment. To remedy the neglect regarding preparation for entry to the independent sector, students should be made aware of self-employment as a positive work option, students should be provided with appropriate knowledge and skill, schools should provide practical business experience, and teacher development in entrepreneurship is needed. (Appendixes include a recommended state government policy and an annotated bibliography providing access to over 200 documents dealing with self-employment, small business, and entrepreneurship training.) (YLB)