As the main force of high-skilled personnel, the development of entrepreneurial ability and the expansion of employment paths of young people are the key dimensions to measure the effectiveness of talent cultivation. This study conducted a questionnaire survey on 2,950 youths from six different types of high efficiency, and analyzed the structure, level and group differences of youth entrepreneurial ability by using factor analysis and improved K-means cluster analysis to effectively identify youth entrepreneurial opportunities and employment paths. The study found that youth entrepreneurial ability can be deconstructed into five main factors: entrepreneurial knowledge ability, individual personality traits, opportunity exploration ability, organizational management ability, and innovation and creativity ability, etc. The organizational management ability of the study participants performed best, while entrepreneurial knowledge ability performed weakest, with a mean of only 3.561. The youth group was clustered into three categories of strong, medium and weak entrepreneurial ability, with the proportion of 40.334%, 38.902%, and 20.9%, respectively. The youth group is clustered into three categories of strong, medium and weak entrepreneurial ability, with the proportions of 40.334%, 38.902% and 20.764% respectively, which is in the middle-upper level, but the internal development is uneven. Therefore, in order to effectively expand youth entrepreneurial opportunities and optimize employment paths, a cultivation system of classified guidance and whole process empowerment should be constructed to promote the deep integration of the education chain, talent chain and industrial chain, and to provide reliable solutions for youth to achieve higher-quality entrepreneurship and employment.