Does yeast infections cause scaling and peeling of skin of the labia because thats what im getting from my yeast its itchy and burning peeling?

Yeast is a good bet: These are typical symptoms of candida vulvovaginitis, i.e. a vaginal yeast infecttion. If your symptoms were mild, it might be OK to try an over-the-counter yeast cream like Monistat and others. But other conditions are possible and these symptoms sound pretty severe. I would recommend you see your doctor, both for diagnosis and to make sure there's not an underlying health problem, like diabetes.