Labor market
San Rafael, CA labor market: latest employment evidence
A borrower-focused reading of the latest BLS labor-force, employment, unemployment, and rate measures for San Rafael, CA.
Source: U.S. Bureau of Labor Statistics
Last updated . Article facts reviewed through this date. Time-sensitive figures show their own as-of dates.
The local figures answer the first question: As of May 2026, San Rafael, CA's unemployment rate fell from 3.4% in April 2026 to 3.1% in May 2026, a change of 0.3 percentage points. For borrower planning, that movement may matter when a borrower is pressure-testing timing, reserves, or the documentation needed after a job or income change. It does not reveal that a particular employer is hiring or cutting jobs, and it does not establish one applicant's income stability, mortgage eligibility, or loan price. The release also estimates 907 people unemployed within a labor force of 29,634, which shows the scale of the movement without turning a city-level statistic into a borrower-level conclusion. Because LAUS values can be revised, keep the May 2026 source period attached to the comparison and verify household records separately.
Over the year ending May 2026, San Rafael, CA's unemployment rate fell from 3.5% in May 2025 to 3.1%, a change of 0.4 percentage points.