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Default RANK sublist

So, I have a worksheet with a few thousand rows.
There is one row per month per employee

5/31/09 Bob A 2.5
6/30/09 Bob A 1.9
7/31/09 Bob A 2.3
5/31/09 John S 1.6
6/30/09 John S 2.0
7/31/09 John S 2.9
etc.

I would like to rank the most recent score (2.3 for Bob A vs. 2.9 for John
S), and return a 1 on John S.'s July line and a 2 on Bob A.s July line, with
blanks in the others.

I can simply use MAX() to get the most current date, but not sure how to get
my RANK to only rank those scores in July. Always getting a 3 for Bob a. in
the above...
 
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