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The video discusses the necessity of completing an employment application, even after creating a polished resume and cover letter. It explains that employers require this application to maintain a verified and signed record of candidates’ personal and employment histories. Many employers utilize a standardized application to gather consistent data from all applicants for a specific job. Unlike resumes and cover letters, which vary by individual, the employment application ensures uniformity in the information collected, allowing for fair comparisons between candidates. This consistency is crucial for the application process.