1 million unemployed youngsters

As the "owner" of a 16 and 20 year old and the uncle of another 16 and 20 year old, it's a pretty poor time to be 16 or 20 at the moment.

They have all worked hard at getting a future together, 1 in an apprenticeship, 1 in a job, 2 in education and all of them managed to get part time jobs.

But it's a worrying time for many and GMTV today talked about the lost generation.

And for many parents, they will have seen this before, it wasn't dissimilar when I was the same age in the early 80's - high unemployment, the old industries dying, high interest rates and inflation.