3 Things You Should Know About Small Business: Mar. 6

NEW YORK (MainStreet) -- What's happening in small business today?

1. Entrepreneurship is proposed as the solution to young America's job woes. Youth employment is at a startling 60-year low and student loan debt is approaching $1 trillion, says Scott Gerber, founder of the Young Entrepreneurship Council, an organization dedicated to mentoring young entrepreneurs and providing them with tools and resources.

Despite the terrible job market for young Americans, the group is surprisingly optimistic about entrepreneurship, Gerber writes in a contributed piece to Time.