Nobody is demanding that. It could just be that they want to.
What makes you think it was common practice? Exceptions are a thing…
Source: have seen the ads specifying such.
Financial capitalism at its best.
You just have increased financial insecurity because now a family must rely on two incomes. In the past, when one spouse lost their job the other might find one or go to full time employment, now both parents have to be employed to be financially stable. That isn't even progress for those who have to work for a living. For the investor class it's of course different.