Eve-of-Davos Survey Shows People Place Trust in Companies Over Governments

Eve-of-Davos Survey Shows People Place Trust in Companies Over Governments
The main entrance of the congress center where the World Economic Forum will take place later this week in Davos, Switzerland. AP Photo/Michel Euler
|Updated:

DAVOS, Switzerland—People around the world place much more trust in their companies than their political leaders, according to a major survey that suggests a mood of uncertainty and pessimism on the eve of the World Economic Forum in Davos.

The annual Edelman Trust Barometer shows only one in five people believe the economic, political, and social system is working for them, while nearly 60 percent think trade conflicts are hurting their companies and putting their jobs at risk.