Default Labels for New Repositories?

[nelsonic]

This appears to be a feature:
https://docs.github.com/en/organizations/managing-organization-settings/managing-default-labels-for-repositories-in-your-organization

But I can't see how to set default repo labels via the API:
https://docs.github.com/en/rest/issues/labels?apiVersion=2022-11-28 🤷‍♂️

Is this worth exploring to reduce a step when creating a new repo?
Or is our 2-step https://labels.fly.dev process OK? (considering how often we create new labels?)