Rearrange labels?

I wonder if there is a way to rearrange (or reorder) the labels in the list? I have been using “To do” and “Done”, but have now introduced “Currently working on” instead of “Private” in the default list. It is a minor issue, but I would like to move this new label in between “To do” and “Done” (mild OCD perhaps). Is that possible?

This isn’t possible. Depending on which labels are not already used editing the existing labels might be option.

I thought so. Thanks for the quick reply though! I tried to solve the issue by using smart rules to change labels around, and it was really easy since I am not using all the other labels and had a spare to use when moving them around. Thanks again!