This document presents summaries of the four presentations and two panel discussions from a conference that focused on the need for schools, employment and training systems, business, foundations, and other resources to coordinate efforts to address educational and employment problems of disadvantaged youth. "Public Subsidy or Private Payroll" challenges the private sector to develop cooperative working relationships to provide disadvantaged youth with greater opportunities. "Federal Role and Support: History and Budget Update" describes the impact of federal efforts to address youth unemployment problems and provides an assessment of current administration proposals for future federal support. In "Legislative Proposals" are outlined and compared four major legislative employment and training proposals under consideration in the House and Senate. "Education for Citizenship vs. Training for Employment" considers the purpose and function of education. The conference summary ends with presentations and discussions from two panels, one concerning the implication for public policy of relating school and work and the other concerning business/education partnerships. (YLB)