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The video tutorial explains the importance of filling out a job application even after creating a resume and cover letter. It emphasizes that the application serves as a verified record of personal and employment history. Employers utilize a standardized application format to gather consistent data from all candidates for a particular position. This uniformity ensures that every applicant answers the same questions, allowing employers to compare qualifications effectively. The application process is crucial for maintaining accurate records and facilitating the hiring process, underscoring its role alongside resumes and cover letters.