>> Great Depression is here? - A picture is worth a 1000 Words

First 14 months of Depression job losses v/s 14 months of job losses so far in this recession:


Job losses in the last 6 recessions:


And finally, payroll employment data from the last 6 recessions and the 1 depression:


Conclusion: The rate and the extent of job losses now is nowhere near the 1930s.

Source:
- NBER numbers on non-agricultural establishments during those years
- NBER's Macrohistory Database
- Charts courtesy Curious Capitalist @ Time.com

[ Yes, I am too lazy to make my own charts from data :) ]