The latest overall job loss numbers showed a loss of 467,000 jobs in June and the unemployment rate climbed to 9.5%, the highest rate since August 1983.
The May and April numbers were revised to losses of 322,000 and 519,000, respectively. 6.5 million jobs have now been lost since this recession began. In the 2001 recession, monthly losses hit a high of 325,000.
The 1990-91 recession peaked at 306,000 losses. As you can see from the chart below, numbers peak toward the end of a recession (past recessions are marked by grey bands), making employment a lagging indicator.