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The video tutorial from PDFRun explains how to fill out an Employment Verification Letter, a document confirming an employee's current or past employment for income verification. This letter is crucial during job applications and may also be called Proof of Employment Letter, Income Verification Letter, Employment Confirmation Letter, Salary Verification Letter, or Work Verification Letter. It assists employees in loan applications by proving their ability to meet financial obligations due to steady employment. Various entities may require this document, including financial institutions, government agencies, insurance companies, and landlords. The tutorial emphasizes the essential information to include in the letter.