"Remaining slack" refers to the extra or unused time, resources, or capacity that are still available after completing a task or meeting a specific requirement. Full definition
But it will have to start to withdraw stimulus as remaining slack is progressively taken up.» (moneysense.ca)
But even 150,000 job gains per month would be consistent with gradually using up any remaining slack present in the U.S. labor market. (newyorkfed.org)
If the economy were to grow at the pace I discussed earlier, this would likely translate into sufficient job gains to continue to remove any remaining slack in the labor market — which, by my assessment, is already operating quite close to a level that is consistent with what is achievable on a sustainable basis. (newyorkfed.org)