I would agree with this from subjective experience. My non-IT based career has been highly volatile with unintended unemployment, companies going out of business, changing entire sectors and roles many times. Huge volatility in relationships and partners also.

Much downside to this but the upside is my life feels incredibly long and I haven't even reached 50 yet. I have already lived numerous lives compared to the self that would have had a very stable life the last 25 years. My working life feels vastly longer than my very stable childhood. That came and went in the blink of an eye from this perspective.