The US also saw a significant turnover decline from £4.4m to £1.6m.
AT&T's churn rate, a measure of customer turnover, declined slightly during the quarter.
The turnover decline is being blamed on a serious reduction in royalties.
Channel 4's overall turnover declined 8% year on year to £830.3m.
The illusion of lost jobs in recent years occurred because job turnover declined after 2000, first with the recession, then even more sharply after 9/11.
The company did point out some signs of improvement, saying sales-force turnover declined in the United States and Europe, and back-office problems were corrected.
In the end, Ford's business goals were realized and his wage increase had its intended effect: turnover declined sharply, and profits doubled to $60 million from $30 million from 1914 to 1916.
Voluntary turnover declined to 16.5% from 18.0% the previous quarter.
Admiral was the biggest faller in the leading index, down 44p at £12.15 after the insurer saw third quarter turnover fall 3% as premiums declined in a competitive car insurance market.
Spines appear and disappear through life, but their turnover rate declines with the age and is regulated by the neuronal activity [ 18].
