The ILO estimates that the number of unemployed people in advanced economies is likely to remain above the precrisis level up to at least 2017, a full decade after the crisis first began. In South Africa, total employment is still about 400 000 below the peak reached in in 2008.
The personal creditworthiness of the business owner in sole proprietorships or small partnerships, as well as in small corporations, is also an  BIS Review 63/2002  3  important consideration. Creditor evaluations of risk, based on these and other legitimate economic factors, properly play a central role in credit decisions.