As America becomes more diverse, Americans have less trust in each other.
New York Times: One of the more intriguing findings was the role of declining social trust and what is known as social capital — the web of family, friends and professional contacts. For example, the proportion of people who agree with the statement, “Most people can be trusted,” has been shrinking for more than three decades. Researchers found that states with larger declines in social trust also had larger declines in labor market fluidity. The lack of trust may increase the cost of job-hunting and make both employees and employers more risk-averse.
Ms. Wozniak added that the benefits of LinkedIn and Facebook friends may not replace the personal connections that still remain the best way to find a job.
For some, the information revolution has a decided downside. Employers can use easily accessible information about criminal records and credit histories, not to mention embarrassing tweets, photos, social media postings and more to screen out a wider range of candidates.