How to make a drop shadow effect on a label in Swift?

Give this a try – you can run it directly in a Playground page:

import UIKit
import PlaygroundSupport

let container = UIView(frame: CGRect(x: 0, y: 0, width: 600, height: 400))

container.backgroundColor = UIColor.lightGray

PlaygroundPage.current.liveView = container

var r = CGRect(x: 40, y: 40, width: 300, height: 60)

let label = UILabel(frame: r)
label.font = UIFont.systemFont(ofSize: 44.0)
label.textColor = .white
label.frame = r
label.text = "Hello Blur"

container.addSubview(label)

label.layer.shadowColor = UIColor.black.cgColor
label.layer.shadowRadius = 3.0
label.layer.shadowOpacity = 1.0
label.layer.shadowOffset = CGSize(width: 4, height: 4)
label.layer.masksToBounds = false

Play around with different values for the shadow Color, Opacity, Radius and Offset

Result: