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In the tutorial, the speaker explains that, despite having a polished resume and cover letter, candidates often still need to complete an employment application. This application serves as a standardized record of personal and employment history, verified by the applicant's signature. The importance of this process is emphasized, as it allows employers to gather consistent and comparable data from all candidates. Unlike resumes and cover letters, which vary in format and approach, the employment application uses a uniform format to ask the same questions of each applicant, ensuring a fair evaluation process for all prospective employees.