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In this video, Pat Goodwin discusses how to respond to an employment rejection letter. He emphasizes the importance of reflecting on the emotional impact of the rejection and understanding the reasons behind it. Goodwin advises viewers to carefully read the rejection letter, paying attention to statements about skills and fit. He suggests evaluating one's own skill set in relation to the job requirements, rating it on a scale of 100. By doing this, candidates can recognize if they possess a sufficient percentage of the skills needed, which aids in self-assessment and prepares them for future opportunities.