Explain how the data in Extract C (Figure 2) show that the degree of inequality between the pay of male and female workers is falling.
Figure 1: Variations in male and female earnings and employment across selected service sectors in the UK, 2023
| Sector | Wage gap (%) | Female employment share (%) | Male employment share (%) |
|---|---|---|---|
| Financial Services | 15 | 42 | 58 |
| Professional & Technical | 12 | 45 | 55 |
| Information & Tech | 14 | 30 | 70 |
| Education | 6 | 70 | 30 |
| Health & Social Work | 4 | 78 | 22 |
Figure 2: Average monthly earnings for full-time employees in the UK Financial Services sector, 2015 to 2023 (£)
| Year | Male (£) | Female (£) |
|---|---|---|
| 2015 | 4,500 | 3,510 |
| 2019 | 5,000 | 4,100 |
| 2023 | 5,500 | 4,675 |
