If I right click on any of the icons in the image above, I can select Icon and Text and then the text is displayed. Having set the option, if I save the project, close Elements and then re-open the project, Elements “forgets” the setting and Ihave to enable it again.
The reason I am choosing to enable Icon and Text is so that I can see the publishing destination site if I click the Publish button. Ideally, if there is more than one site defined in the publishing setup then the destination should be displayed automatically in order to avoid inadvertently publishing to the wrong site. 
