Most professionals have never heard of the WARN Act. But for those who know how to use it, WARN data provides a remarkable edge: advance notice of exactly which companies are laying off workers, where, and when — often weeks before any public announcement.
This guide shows recruiters and investors how to turn WARN Act filings into actionable intelligence.
For Recruiters: Timing Is Everything
In recruiting, the best candidates are often gone within days of becoming available. WARN Act data gives you a 60-day head start.
The WARN Advantage
Here's the timeline of a typical mass layoff:
- Day 0: Company files WARN notice with the state (public record)
- Day 1-7: WARN Firehose picks up the filing and makes it searchable
- Day 30-45: Company may announce layoffs publicly via press release
- Day 60: Layoffs take effect, workers update LinkedIn profiles
- Day 61+: Every recruiter on LinkedIn starts InMailing the same candidates
If you're sourcing from LinkedIn, you're competing with every other recruiter who sees "Open to Work." If you're monitoring WARN filings, you can reach candidates at Day 7 — seven weeks before the competition.
Setting Up WARN-Based Sourcing
Here's a practical workflow using the WARN Firehose API:
- Define your target profile — what industries, locations, and company sizes produce candidates you want?
- Set up API monitoring — use the API to filter new filings by state, industry, and worker count
- Create webhook alerts — get notified the same day a relevant filing appears
- Research the company — which divisions are affected? What roles exist at that location?
- Reach out early — contact affected workers through professional networks, job fairs, or career transition events
Example: You're hiring software engineers in Texas. A webhook alert tells you a major tech company just filed a WARN notice for 200 workers at their Austin office. You reach out to their engineering team through industry contacts — 6 weeks before anyone else knows about the layoff.
Scaling With Data
For staffing agencies and enterprise talent teams, WARN data enables systematic sourcing at scale:
- Build a pipeline map — track which metros have the most upcoming talent availability
- Predict demand — concentrated layoffs in one area create ripple effects (more workers competing for fewer jobs, depressing local salaries)
- Time job postings — post openings in cities right when displaced workers are actively searching
- Measure competitor health — frequent WARN filings from a competitor suggest they're losing talent you can hire
For Investors: Alternative Data Edge
In the world of alternative data, WARN Act filings are unusually clean: they're legally required, filed on specific dates, contain structured information, and are available as public records. This makes them ideal for systematic investment strategies.
Signal Types
WARN data generates several distinct investment signals:
- Company-level signals — large filings from public companies predict earnings impacts
- Industry signals — filing velocity by sector indicates industry health
- Geographic signals — concentrated layoffs affect local economies, real estate, and municipal bonds
- Macro signals — aggregate filing trends serve as a leading economic indicator
Building a WARN-Based Strategy
Here's how quantitative investors typically integrate WARN data:
- Ingest the data — use the WARN Firehose API to pull filings in JSON or Parquet format
- Match to tickers — map company names to stock symbols (the API provides normalized company names)
- Calculate signals — filing count, worker count, filing velocity, geographic concentration
- Backtest — our database goes back to 1988, giving you decades of data for model validation
- Deploy — set up automated feeds with daily updates and webhook alerts
Real Estate Angle
WARN data is especially powerful for real estate investors. A major employer announcing 2,000 layoffs in a mid-size city will impact:
- Residential demand — displaced workers may relocate, reducing housing demand
- Commercial real estate — office space and retail in the affected area lose tenants
- Municipal finances — lower tax revenue affects municipal bond creditworthiness
- Apartment occupancy — concentrated layoffs in college towns or single-industry cities hit rental markets hard
Getting Started Today
Whether you're a recruiter looking for your next great hire or an investor seeking alternative data signals, the path is the same:
- Explore the data — browse layoff pages to see what's available for your target states and industries
- Get API access — sign up for a free key (100 calls/day) to test your use case
- Scale up — upgrade to a paid plan for bulk exports, webhooks, and historical data
For enterprise needs (custom data feeds, SLA guarantees, dedicated support), contact our team to discuss your requirements.
Start using WARN data today
Free API access at /account. Full documentation at /docs. Questions? Get in touch.