The Fourth Industrial Revolution is based on the rapid development of technology that significantly affects the labor market. On the one hand there are new professions that require a high level of knowledge and continuous upgrading, and on the other hand there is a high risk of job losses due to automation. Certain skills such as creativity, critical thinking, and emotional intelligence gain importance, and new forms of employment are also emerging. Each of them brings some economic, social, political and other changes and contributes the progress of society and business development, as well as the quality of life. The terms associated with the new industrial paradigm are Internet of things, Internet of service, Big Data, Cloud Computing, robotics, artificial intelligence, autonomous vehicles, 3D printing, nanotechnology and biotechnology. The changes brought by the Fourth Industrial Revolutionis not associated exclusively with the production process and tracking the lifetime of the product to the new, digitized way, but directly affect the change in the business paradigm change in the way of work and qualifications required of employees, changes in social life in general, or changes in the education system. Croatia is still looking for a way of adjusting to these new circumstances. Croatia endeavors to modernize the education system and stimulate the development of digital skills. The impact of the Fourth Industrial Revolution on the Croatian labor market is likely to be seen through three different scenarios. It is expected that the second scenario will be realized with no significant changes. The modernization of the education system will be slow, the polarization between sectors will increase and digital skills will be moderately developed.