Many developers in the AdWords API community have mentioned that being able to create, modify, assign, and report on labels through the API would be extremely helpful. Well, we're excited to report that the v201406 release of the AdWords API includes all of these requested features!
Summary of label services and features
End-to-end example
So how do these new features work together? Check out our 
labels guide to get you on the road to AdWords label expertise!
Next steps
If you've never used labels in your account or need a refresher course, check out the 
Help Center labels guide. Once you're ready to dive in, try out the label examples in your 
client library of choice.
Still have questions?  Feel free to visit us on the 
AdWords API Forum or our 
Google+ page.
 - Josh Radcliff, AdWords API Team
 - Josh Radcliff, AdWords API Team