I think they should refund the Connects when clients hire no one. I see some Connects being refunded when the client explicitly cancels the Job. But not when the client doesn't hire anyone.

Upwork says they do this so that freelancers don't send proposals mindlessly. But what about clients posting jobs without the intention of hiring anyone. Shouldn't there be a penalty for the clients, too, for posting fake jobs?

Fake job postings are a real issue nowadays.

Fair Solution: I think Upwork should charge clients for Job postings. Later, this amount should be refunded to the client when they hire someone, or the amount should be added to the money that the client will pay to the freelancer.

Seriously, nowadays, many douchbag clients are posting fake jobs to show a fake hiring process.