A seminar was held to examine the merits and feasibility of a subminimum wage for youth. Throughout the seminar panelists expressed general agreement on the fact that most youth want to work as well as on the value or potential value of employment and training programs, including the Comprehensive Employment and Training Act (CETA) programs. In discussing the potential impact of a subminimum wage for youths some panelists suggested that while youth unemployment would decrease upon institution of a subminimum wage, any jobs created by such an action would disproportionately go to white teenagers. At present, there are insufficient data to accurately predict the impact of a youth subminimum wage on older workers. Among the possible negative effects of a subminimum wage are the following: increased labor market discrimination against minority groups, a pitting of young people against adults, an additional source of temptation luring youth to leave school, and possible subsidization of such sectors as the fast food industry. Various alternatives to a subminimum wage were suggested, including instituting wage differentials by subsidizing employers, and instituting cash bonus payments to employers of certain teenagers. (MN)