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    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" roleURI="http://www.xbrl.org/2009/role/netLabel" />
    <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_S000010709Member" xlink:to="jnlst_S000010709Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="jnlst_S000010709Member_lbl" xml:lang="en-US">JNL MULTI-MANAGER EMERGING MARKETS EQUITY FUND</link:label>
      <link:loc xlink:type="locator" xlink:href="jnlst-20260608.xsd#jnlst_ModelRiskMember" xlink:label="jnlst_ModelRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_ModelRiskMember" xlink:to="jnlst_ModelRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="jnlst_ModelRiskMember_lbl" xml:lang="en-US">Model risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="jnlst-20260608.xsd#jnlst_REITInvestmentRiskMember" xlink:label="jnlst_REITInvestmentRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_REITInvestmentRiskMember" xlink:to="jnlst_REITInvestmentRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="jnlst_REITInvestmentRiskMember_lbl" xml:lang="en-US">REIT investment risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="jnlst-20260608.xsd#jnlst_S000030878Member" xlink:label="jnlst_S000030878Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_S000030878Member" xlink:to="jnlst_S000030878Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="jnlst_S000030878Member_lbl" xml:lang="en-US">JNL MULTI-MANAGER FLOATING RATE INCOME FUND</link:label>
      <link:loc xlink:type="locator" xlink:href="jnlst-20260608.xsd#jnlst_ForeignSecuritiesRiskMember" xlink:label="jnlst_ForeignSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_ForeignSecuritiesRiskMember" xlink:to="jnlst_ForeignSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="jnlst_ForeignSecuritiesRiskMember_lbl" xml:lang="en-US">Foreign securities risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="jnlst-20260608.xsd#jnlst_EmergingMarketsAndLessDevelopedCountriesRiskMember" xlink:label="jnlst_EmergingMarketsAndLessDevelopedCountriesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_EmergingMarketsAndLessDevelopedCountriesRiskMember" xlink:to="jnlst_EmergingMarketsAndLessDevelopedCountriesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="jnlst_EmergingMarketsAndLessDevelopedCountriesRiskMember_lbl" xml:lang="en-US">Emerging markets and less developed countries risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="jnlst-20260608.xsd#jnlst_DerivativesRiskMember" xlink:label="jnlst_DerivativesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_DerivativesRiskMember" xlink:to="jnlst_DerivativesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="jnlst_DerivativesRiskMember_lbl" xml:lang="en-US">Derivatives risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="jnlst-20260608.xsd#jnlst_ForwardAndFuturesContractRiskMember" xlink:label="jnlst_ForwardAndFuturesContractRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_ForwardAndFuturesContractRiskMember" xlink:to="jnlst_ForwardAndFuturesContractRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="jnlst_ForwardAndFuturesContractRiskMember_lbl" xml:lang="en-US">Forward and futures contract risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="jnlst-20260608.xsd#jnlst_RedemptionRiskMember" xlink:label="jnlst_RedemptionRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_RedemptionRiskMember" xlink:to="jnlst_RedemptionRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="jnlst_RedemptionRiskMember_lbl" xml:lang="en-US">Redemption risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="jnlst-20260608.xsd#jnlst_ConvertibleSecuritiesRiskMember" xlink:label="jnlst_ConvertibleSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_ConvertibleSecuritiesRiskMember" xlink:to="jnlst_ConvertibleSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="jnlst_ConvertibleSecuritiesRiskMember_lbl" xml:lang="en-US">Convertible securities risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="jnlst-20260608.xsd#jnlst_ExtensionRiskMember" xlink:label="jnlst_ExtensionRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_ExtensionRiskMember" xlink:to="jnlst_ExtensionRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="jnlst_ExtensionRiskMember_lbl" xml:lang="en-US">Extension risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="jnlst-20260608.xsd#jnlst_PrivatePlacementAndOtherRestrictedSecuritiesRiskMember" xlink:label="jnlst_PrivatePlacementAndOtherRestrictedSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_PrivatePlacementAndOtherRestrictedSecuritiesRiskMember" xlink:to="jnlst_PrivatePlacementAndOtherRestrictedSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="jnlst_PrivatePlacementAndOtherRestrictedSecuritiesRiskMember_lbl" xml:lang="en-US">Private placement and other restricted securities risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="jnlst-20260608.xsd#jnlst_CurrencyRiskMember" xlink:label="jnlst_CurrencyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_CurrencyRiskMember" xlink:to="jnlst_CurrencyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="jnlst_CurrencyRiskMember_lbl" xml:lang="en-US">Currency risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="jnlst-20260608.xsd#jnlst_SwapsRiskMember" xlink:label="jnlst_SwapsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_SwapsRiskMember" xlink:to="jnlst_SwapsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="jnlst_SwapsRiskMember_lbl" xml:lang="en-US">Swaps risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="jnlst-20260608.xsd#jnlst_S000054971Member" xlink:label="jnlst_S000054971Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_S000054971Member" xlink:to="jnlst_S000054971Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="jnlst_S000054971Member_lbl" xml:lang="en-US">JNL MULTI-MANAGER MID CAP FUND</link:label>
      <link:loc xlink:type="locator" xlink:href="jnlst-20260608.xsd#jnlst_IndustrialCompaniesRiskMember" xlink:label="jnlst_IndustrialCompaniesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_IndustrialCompaniesRiskMember" xlink:to="jnlst_IndustrialCompaniesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="jnlst_IndustrialCompaniesRiskMember_lbl" xml:lang="en-US">Industrial companies risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="jnlst-20260608.xsd#jnlst_SmallCapitalizationInvestingRiskMember" xlink:label="jnlst_SmallCapitalizationInvestingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_SmallCapitalizationInvestingRiskMember" xlink:to="jnlst_SmallCapitalizationInvestingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="jnlst_SmallCapitalizationInvestingRiskMember_lbl" xml:lang="en-US">Small-capitalization investing risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="jnlst-20260608.xsd#jnlst_IssuerRiskMember" xlink:label="jnlst_IssuerRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_IssuerRiskMember" xlink:to="jnlst_IssuerRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="jnlst_IssuerRiskMember_lbl" xml:lang="en-US">Issuer risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="jnlst-20260608.xsd#jnlst_InvestmentStyleRiskMember" xlink:label="jnlst_InvestmentStyleRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_InvestmentStyleRiskMember" xlink:to="jnlst_InvestmentStyleRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="jnlst_InvestmentStyleRiskMember_lbl" xml:lang="en-US">Investment style risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="jnlst-20260608.xsd#jnlst_S000001798Member" xlink:label="jnlst_S000001798Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_S000001798Member" xlink:to="jnlst_S000001798Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="jnlst_S000001798Member_lbl" xml:lang="en-US">JNL MULTI-MANAGER SMALL CAP VALUE FUND</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CreditRiskMember" xlink:label="us-gaap_CreditRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CreditRiskMember" xlink:to="us-gaap_CreditRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CreditRiskMember_lbl" xml:lang="en-US">Credit Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="jnlst-20260608.xsd#jnlst_DistressedSecuritiesRiskMember" xlink:label="jnlst_DistressedSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_DistressedSecuritiesRiskMember" xlink:to="jnlst_DistressedSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="jnlst_DistressedSecuritiesRiskMember_lbl" xml:lang="en-US">Distressed securities risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="jnlst-20260608.xsd#jnlst_LiquidityRiskMember" xlink:label="jnlst_LiquidityRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_LiquidityRiskMember" xlink:to="jnlst_LiquidityRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="jnlst_LiquidityRiskMember_lbl" xml:lang="en-US">Liquidity risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="jnlst-20260608.xsd#jnlst_LeverageRiskMember" xlink:label="jnlst_LeverageRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_LeverageRiskMember" xlink:to="jnlst_LeverageRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="jnlst_LeverageRiskMember_lbl" xml:lang="en-US">Leverage risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="jnlst-20260608.xsd#jnlst_OptionsRiskMember" xlink:label="jnlst_OptionsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_OptionsRiskMember" xlink:to="jnlst_OptionsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="jnlst_OptionsRiskMember_lbl" xml:lang="en-US">Options risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="jnlst-20260608.xsd#jnlst_ReverseRepurchaseAgreementsRiskMember" xlink:label="jnlst_ReverseRepurchaseAgreementsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_ReverseRepurchaseAgreementsRiskMember" xlink:to="jnlst_ReverseRepurchaseAgreementsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="jnlst_ReverseRepurchaseAgreementsRiskMember_lbl" xml:lang="en-US">Reverse repurchase agreements risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="jnlst-20260608.xsd#jnlst_S000034689Member" xlink:label="jnlst_S000034689Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_S000034689Member" xlink:to="jnlst_S000034689Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="jnlst_S000034689Member_lbl" xml:lang="en-US">JNL/FIRST SENTIER GLOBAL INFRASTRUCTURE FUND</link:label>
      <link:loc xlink:type="locator" xlink:href="jnlst-20260608.xsd#jnlst_S000010705Member" xlink:label="jnlst_S000010705Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_S000010705Member" xlink:to="jnlst_S000010705Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="jnlst_S000010705Member_lbl" xml:lang="en-US">JNL/FRANKLIN TEMPLETON INCOME FUND</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_S000010709Member" xlink:to="jnlst_S000010709Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="jnlst_S000010709Member_doc" xml:lang="en-US">JNL MULTI-MANAGER EMERGING MARKETS EQUITY FUND</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_S000030878Member" xlink:to="jnlst_S000030878Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="jnlst_S000030878Member_doc" xml:lang="en-US">JNL MULTI-MANAGER FLOATING RATE INCOME FUND</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_S000054971Member" xlink:to="jnlst_S000054971Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="jnlst_S000054971Member_doc" xml:lang="en-US">JNL MULTI-MANAGER MID CAP FUND</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_S000001798Member" xlink:to="jnlst_S000001798Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="jnlst_S000001798Member_doc" xml:lang="en-US">JNL MULTI-MANAGER SMALL CAP VALUE FUND</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_S000034689Member" xlink:to="jnlst_S000034689Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="jnlst_S000034689Member_doc" xml:lang="en-US">JNL/FIRST SENTIER GLOBAL INFRASTRUCTURE FUND</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_S000010705Member" xlink:to="jnlst_S000010705Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="jnlst_S000010705Member_doc" xml:lang="en-US">JNL/FRANKLIN TEMPLETON INCOME FUND</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_IndustrialCompaniesRiskMember" xlink:to="jnlst_IndustrialCompaniesRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="jnlst_IndustrialCompaniesRiskMember_doc" xml:lang="en-US">Industrial companies risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_SwapsRiskMember" xlink:to="jnlst_SwapsRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="jnlst_SwapsRiskMember_doc" xml:lang="en-US">Swaps risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_CurrencyRiskMember" xlink:to="jnlst_CurrencyRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="jnlst_CurrencyRiskMember_doc" xml:lang="en-US">Currency risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_PrivatePlacementAndOtherRestrictedSecuritiesRiskMember" xlink:to="jnlst_PrivatePlacementAndOtherRestrictedSecuritiesRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="jnlst_PrivatePlacementAndOtherRestrictedSecuritiesRiskMember_doc" xml:lang="en-US">Private placement and other restricted securities risk.</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="jnlst_ConvertibleSecuritiesRiskMember_doc" xml:lang="en-US">Convertible securities risk.</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="jnlst_RedemptionRiskMember_doc" xml:lang="en-US">Redemption risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_ForwardAndFuturesContractRiskMember" xlink:to="jnlst_ForwardAndFuturesContractRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="jnlst_ForwardAndFuturesContractRiskMember_doc" xml:lang="en-US">Forward and futures contract risk.</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="jnlst_DerivativesRiskMember_doc" xml:lang="en-US">Derivatives risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_EmergingMarketsAndLessDevelopedCountriesRiskMember" xlink:to="jnlst_EmergingMarketsAndLessDevelopedCountriesRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="jnlst_EmergingMarketsAndLessDevelopedCountriesRiskMember_doc" xml:lang="en-US">Emerging markets and less developed countries risk.</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="jnlst_ModelRiskMember_doc" xml:lang="en-US">Model risk.</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="jnlst_SmallCapitalizationInvestingRiskMember" xlink:to="jnlst_SmallCapitalizationInvestingRiskMember_doc" xlink:type="arc" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="jnlst_IssuerRiskMember_doc" xml:lang="en-US">Issuer risk.</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="jnlst_OptionsRiskMember_doc" xml:lang="en-US">Options risk.</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="jnlst_ReverseRepurchaseAgreementsRiskMember_doc" xml:lang="en-US">Reverse repurchase agreements risk.</link:label>
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