From Facebook’s Blog:
We don’t think employers should be asking prospective employees to provide their passwords because we don’t think it’s right the thing to do. But it also may cause problems for the employers that they are not anticipating. For example, if an employer sees on Facebook that someone is a member of a protected group (e.g. over a certain age, etc.) that employer may open themselves up to claims of discrimination if they don’t hire that person.
Okay, besides the debate that Facebook and privacy seem like water and oil (in that they don’t mix, in case you where wondering), they have a point. I don’t think employers have a right to do this. The virtual society created by social networks like Facebook, should follow the same rules as the privacy of my home. If you want to know what I do inside my house, you better bring a court order. Same should apply if you have set your Facebook account to be private. Of course, people should realize that what you post on Facebook is not 100% private, as anyone who can read your posts can easily copy and paste the heck out of it and expose you. Still, no one should be able to force me to give my password, just like no one can come inside my home without my permission or a court order like I said.