The golden age of capitalism, lasting from the post-World War II era until the early 1970s, provided strong employment security with long-term job stability, benefits, and increasing wages annually.
During this period, there was widespread economic confidence and social mobility, where traditional gender roles were common, with the man as the breadwinner and the wife as a homemaker.
People often joined large stable companies like Ford and Siemens, working for the same employer for 35 years, benefitting from policies such as IBM's 'no-fire' policy which ensured job security and lifelong employment.
However, the era of this economic stability and lifelong employment appears to be in the past, signaling a departure from the job security and benefits once prevalent during the golden age of capitalism.