Would you ever give a potential employer your Facebook password? No freaking way, and no way should it be asked of anyone.
There are the obvious reasons, such as private correspondence and pictures that people have stored with reasonable expectation of privacy. There are smaller but still important reasons, like its ability to give insight to political views, health issues, thousands of pieces of information that can profile people. Information that courts have ruled private and in support of the information remaining within our control. So if you're stupid enough to let those sloppy drunk Mardi Gras pictures get out, that's your problem.
Employers are taking advantage of the hungry and desperate by forcing people to share passwords and submit to other ridiculous invasions of privacy. Competition is tight, and applicants know if they don't jump through the hoops, someone else will.
There's no question it's wrong. The question is, why isn't anyone stopping it?
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