A bill to provide that former provisions relating to the trigger under the Federal-State Extended Unemployment Compensation Act of 1970 shall apply until the national unemployment rate falls below 8 percent, and to restore the former definition of insured unemployment rate.

Amends the Federal-State Extended Unemployment Compensation Act of 1970 to provide that, until the national unemployment rate falls below eight percent, State triggers (State insured unemployment rates at which extended benefits are payable in a State) will be set at lower levels (five percent and four percent under specified conditions, rather than six percent and five percent, respectively).

Revises the definition of insured unemployment rate, for such purposes, to include individuals filing claims for extended, sharable regular, and Federal supplemental compensation, as well as those filing for regular compensation.