James Pethokoukis has a post on Reuters blog Political Risk that should be a wake up call to those Democrats counting on the jobless rate coming down before the 2010 mid terms.Pethokoukis quotes economist Gluskin Sheff who gives 12 reasons why this recession is different than any other since the depression, and why the unemployment rate will not come down significantly for years.Here are a couple of those reasons:2. During this two-year recession, employment has declined a record 8 million. Even in percent terms, this is a record in the post-WWII experience.3. Looking at the split, there were 11 million full-time jobs lost (usually we see three million in a garden-variety recession), of which three million were shifted into part-time work.4.There are now a record 9.3 million Americans working part-time because they have no choice. In past recessions, that number rarely got much above six million.5. The workweek was sliced this cycle from 33.8 hours to a record low 33.0 hours - the...(Read Full Post)