I remember the old software having one but in the newer version I cannot find a way to do color corrections like making the blues more cyan, or the yellows more orange for example.
Adjusting the hue of a selected color is the most important tool for color correction, for me at least much more important than the luminance or saturation, and I can’t find how to do this in PhotoLab
As always, experiment (and use virtual copies) to get the hang of it. Only then will you understand (and truly “register”) what you can do, what works for you, and what doesn’t.