So, shut down your Pi using the command sudo shutdown -h now and remove the SD-card after the Pi has done so. Take the card and insert it into your Mac's SD-card slot.
First of all, we need to find out which disk device has been assigned to the card. We can do this with diskutil list:
user@mymacintosh:~ $ diskutil list
/dev/disk0
#: TYPE NAME SIZE IDENTIFIER
0: GUID_partition_scheme *512.1 GB disk0
1: EFI EFI 209.7 MB disk0s1
2: Apple_HFS M4 511.1 GB disk0s2
3: Apple_Boot Recovery HD 784.2 MB disk0s3
/dev/disk1
#: TYPE NAME SIZE IDENTIFIER
0: FDisk_partition_scheme *15.9 GB disk1
1: Windows_FAT_32 58.7 MB disk1s1
2: Linux 15.9 GB disk1s2
Then unmount the card using diskutil unmountDisk:
user@mymacintosh:~ $ diskutil umountDisk /dev/disk1
Unmount of all volumes on disk1 was successful
Next we will use dd to produce an image, which we can compress using bzip2, or pbzip2 for more performance. You can use MacPorts to install pbzip2.
user@mymacintosh:~ $ sudo dd if=/dev/disk1 | pbzip2 > raspberry_pi_$(date "+%Y-%m-%d").img.bz2
31116288+0 records in
31116288+0 records out
15931539456 bytes transferred in 2347.692010 secs (6786043 bytes/sec)
Restoring the image is also easy:
user@mymacintosh:~ $ bunzip2 raspberry_pi_2014-03-22.img.bz2 | sudo dd of=/dev/disk1