Are there other types of labels that can be created other than the mailing labels?
I just tested the same against wordpress and civicrm 4.7 demo 

Their is an option called Name Badge - I guess that is what you are looking for 

Go To Administer -> Communications -> Label Format

Then Add New Labal and give your setting - Sheet Size to envelope #9 (depends)

Once you have created Label format you should see that you have created an name Badge - Now Find contact - select about 50 records and in the actions you will see "Mailing Label - print" 

In the next step select your Name badge format and print to PDF - you should get all the address as excepted else change setting 

Also look for http://wpmaster.demo.civicrm.org i have created some Examples check before it gets refreshed

Refer to the link for more details 
https://book.civicrm.org/user/current/events/event-badges/

If you have any issues please let me know so i will post some screen shots - I guess this helps !!!