[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2009/images/07/02/art.obama02.cnn.jpg caption="Obama says the recession is slowing down."]WASHINGTON (CNN) - President Barack Obama on Thursday called the nation's latest unemployment figures sobering, but said the economic recession is slowing.
In a Rose Garden appearance with chief executives of clean-energy companies, Obama noted the average number of job losses in the current quarter has been 400,000 a month, compared to a monthly average of 700,000 in the previous quarter.
"It took years for us to get into this mess, and it'll take more than a few months to get out," Obama said.
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