This monograph, written for vocational counselors and teachers, addresses employability for youth from both career counseling and guidance and transitional education perspectives. The section on employability counseling focuses on the ingredients of employability, youth employment conditions, classes of employment and unemployment, and underemployment. Both unemployment and underemployment are presented in terms of who is affected, differences among youth groups, and individual and social consequences. The second section of the monograph addresses the school to work transition, focusing on decision making skills and strategies, the labor market, and barriers to work. Adjustment to work is discussed in the areas of economic, social, and psychological adjustment, peer group support, and skills. The section on employability counseling defines the counselor's role, competencies, and counseling techniques. The monograph concludes with a discussion of intervention strategies designed to enhance employability, such as programs in industry, the job training partnership act, and community programs. A comprehensive bibliography is appended. (BL)