"Figure 1: Median hourly earnings excluding overtime of all employees, UK and London","" "","" "","" "Notes","1. Results are for employees on adult rates of pay, whose pay for the survey pay period was not affected by absence 2. London is shown on a residence basis (for employees resident in London) and on a workplace basis (for employees working in London, including people commuting from outside London) 3. Real earnings (in 2012 constant prices) are calculated using the UK Consumer Prices Index (CPI) for the 12 months to April 4. A change in the weighting of ASHE onto a SOC2010 basis in 2011 explains some of the decrease in real wages since 2009. ONS analysts estimate that without the change to SOC2010, the annual average contraction in real earnings in 2010-12 would have been reduced from 2.9% to 2.7% for the UK and from 3.0% to 2.9% for London (residence basis) 5. There are two additional discontinuities in the series, in 2004 and 2006, due to improvements to the survey. In both cases, these slightly reduced the estimates of median earnings (in current prices) with respect to the methodology used previously, at a time when both nominal and real earnings were rising " "Unit","£ per hour" "","" "","UK (current prices)","UK (2012 constant prices)","London (residence, current prices)","London (residence, 2012 constant prices)","London (workplace, current prices)","London (workplace, 2012 constant prices)" "2002"," 8.52 "," 10.98 "," 11.28 "," 14.53 "," 11.77 "," 15.16 " "2003"," 8.85 "," 11.24 "," 11.76 "," 14.94 "," 12.39 "," 15.74 " "2004"," 9.18 "," 11.54 "," 12.03 "," 15.12 "," 12.80 "," 16.09 " "2005"," 9.49 "," 11.70 "," 12.46 "," 15.36 "," 13.37 "," 16.49 " "2006"," 9.84 "," 11.90 "," 12.76 "," 15.42 "," 13.67 "," 16.53 " "2007"," 10.16 "," 11.95 "," 13.21 "," 15.53 "," 14.23 "," 16.74 " "2008"," 10.54 "," 12.04 "," 13.77 "," 15.72 "," 14.68 "," 16.76 " "2009"," 10.97 "," 12.25 "," 14.29 "," 15.95 "," 15.29 "," 17.07 " "2010"," 11.08 "," 11.92 "," 14.28 "," 15.37 "," 15.46 "," 16.64 " "2011"," 11.07 "," 11.41 "," 14.30 "," 14.72 "," 15.61 "," 16.08 " "2012"," 11.21 "," 11.21 "," 14.56 "," 14.56 "," 15.70 "," 15.70 "