MacOS – shortcut for setting labels in Finder

Go to the Keyboard preference pane in System Preferences and choose the Keyboard Shortcuts tab. In the left column, choose Application Shortcuts like shown in the image below.

Click the plus button and add a keyboard shortcut entry for Finder for the "Show Path Bar" menu item. Since the title of the "Show Path Bar" menu item changes to "Hide Path Bar" once the path bar is shown, you might want to add a shortcut for that as well.

System Preferences > Keyboard > Keyboard Shortcuts > select Application Shortcuts in the left column > click the "+" button > Application = Finder, Menu Title = Dropbox, Keyboard Shortcut = whatever you like > click Add

test it out. worked great for me from Finder

Note that this uses the Finder's "Go to > Recent Folders" Submenu. If the Folder isn´t in the List (and there's no way to keep it there), you won't be able to jump to it.