Labor market alpha for hedge funds
Six federal datasets, cross-referenced. Five proprietary distress indexes. Daily refresh, webhook alerts, and Snowflake or S3 delivery. Used by our heaviest API user — a multi-billion-dollar multi-strat — pulling 3,277 calls in 14 days.
3,277 API calls in 14 days. Earnings-window distress signals 60+ days before they hit the tape.
Our heaviest API user is an analyst at a $5B+ multi-strat. They started on free tier, upgraded to Pro ($199/mo) once volume crossed the limit. Their workflow: ingest WARN + SEC 8-K + bankruptcy cross-reference into their risk system, flag names where the composite distress score crosses a threshold before earnings. The annual contract we're now offering is the same data, higher quota, plus webhooks, Snowflake/S3 delivery, and a named account contact.
Live signal — today’s top distressed names
Composite distress score across WARN, SEC 8-K, and bankruptcy filings. Refreshed daily. Annual contract exposes the full ranked list plus ticker-level drill-down.
| Company | Score | Level | Workers (2y) | Factors |
|---|---|---|---|---|
| Loading live signal… | ||||
Sample: top 5 of 50+ current high-score names. Request demo for full watchlist →
Five Proprietary Distress Indexes
WARN Velocity Index
Layoff acceleration rate by state & sector. Detects inflection in filing cadence.
Workforce Stress Index
Composite 0-100 distress score per company from WARN + SEC + bankruptcy.
Talent Displacement Index
Companies laying off while simultaneously sponsoring H-1B workers.
Metro Contagion Score
Regional distress spread — same metro, same quarter, multiple employers.
Industry Domino Index
Cascading industry layoffs across states — used to spot sector rotations.
All five indexes computed daily, available via API. Methodology: Connected Signals →
6 Federal Datasets — All Included
API Subscription vs Annual Contract
Investor API — $499/mo ($5,988/yr)
- 5,000 API requests/day (150K/mo)
- All 6 datasets + Risk Signals
- Webhook alerts
- All export formats
- MCP server access
- Shared support channel
Hedge Fund Annual — $60,000/yr
- Unlimited API requests
- All datasets + all distress indexes
- Real-time webhooks with custom filters
- Snowflake share or S3 parquet delivery
- Named account contact (direct Slack/email)
- One custom research report included ($2.5K value)
- 48h SLA on data issues
- MNPI-aware contract language
Hedge Fund Annual Contract
Billed annually. 14-day evaluation window refunded on request. Contract runs 12 months from signature.
- Unlimited API + MCP access
- Snowflake / S3 / Parquet delivery
- Custom webhook filters per strategy
- All 5 distress indexes in raw form
- Named account manager
- 48h SLA on data issues
- One Standard Research Report included
- Quarterly roadmap review call
FAQ
Is this material non-public information?
No. All data sourced from public government filings: state WARN portals, SEC EDGAR, PACER bankruptcy court records, USCIS/DOL visa filings, BLS JOLTS, DOL unemployment claims. Our value is aggregation, normalization, cross-reference, and scoring — not access to non-public data. Full compliance & data-provenance summary for procurement/ops: warnfirehose.com/sales/compliance.
How does delivery work?
Three options: (1) REST API with your own poll schedule, (2) Webhooks pushed to your endpoint with custom filters (company, state, industry, employee threshold, score threshold), (3) Snowflake share or S3 parquet drop on a daily or hourly cadence. Format: JSON or Parquet.
Can we evaluate before committing to 12 months?
Yes. We offer a 14-day paid evaluation at the $499/mo Investor tier first. If you sign the annual contract within 30 days of evaluation end, the evaluation fee is credited.
What's the typical signal lead time?
WARN notices are legally required 60+ days before mass layoffs. SEC 8-K Item 2.05 filings typically land 2-8 weeks before the headline restructuring announcement. Bankruptcy petitions can surface weeks before equity reacts if the issuer is small or obscured. Your mileage depends on how you incorporate the signal, but most clients see useful lead time in the 2-12 week range.
How many hedge funds are on an annual contract today?
We publicly disclose that hedge funds are our heaviest API users. We do not disclose specific client names per contract confidentiality. Pro subscriptions (which are effectively month-to-month versions of this contract) have been running since 2026.
Do you offer multi-seat pricing?
The annual contract is per-firm, not per-seat. Usage is expected to stay within reasonable limits for a single desk or strategy group. Fund-of-funds and platform firms with multiple independent PMs should contact us for platform pricing.
Request a 15-minute demo
We'll walk through live distress signals, answer contract questions, and send a proposal within 24 hours.
Not ready for an annual contract? Order a one-shot deep-dive report from $2,500 — same methodology, 2-week turnaround.