Promoting National Service and Reducing Unemployment Act - Makes FY2014 supplemental appropriations to the Corporation for National and Community Service (Americorps) to provide additional funds for:

• operating expenses,
• salaries and administrative expenses, and
• the Office of Inspector General.

Requires Americorps to: (1) use the funds to increase the number of national service positions approved under the National and Community Service Act of 1990 to 500,000, and (2) give preference to national service programs that propose to use full-time national service positions.