The Spanish government and employers are designing a contract for young people to help combat their high unemployment rate, the vice-president of the Spanish employers' organization CEOE, Jesus Terciado, said on Wednesday.

Terciado made this statement on the Spanish TV program La Economia en 24 horas (The Economy in 24 hours), confirming that the Spanish government and his organization are discussing a "new contract for young people in order to make this sector of the population more dynamic."

Terciado noted that the minimum wage, 645 euros (842 U.S. dollars), would be considered a reference although as time goes by the salary could improve at the same time the worker gain more experience.

He added that employers would seek "further development of wage moderation and internal flexibility of companies."

Data released by Eurostat, the statistics office of the European Union (EU) on Tuesday showed that Spain recorded the highest unemployment rate in November both in general terms and youth among member states, which stood at 26.6 percent and 56.5 percent respectively.

According to latest data published by the Spanish government, there were 4.85 million jobless in Spain in December 2012, although Eurostat said the unemployment topped 6.1 million in the country in November.