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In the video tutorial, the speaker discusses the necessity of filling out an employment application even after crafting a resume and cover letter. They highlight that this application serves as a standardized method for employers to obtain a verified record of each candidate's personal and employment history. Unlike resumes and cover letters, which can vary widely in format and content, the employment application ensures that all applicants provide consistent information by using a uniform format with the same questions. This approach helps employers effectively compare candidates during the hiring process.