a submm clump in the vicinity (OC1), and OC without correlation with ATLASGAL emission (OC2). Together with this process, we performed a thorough literature survey of these 695 clusters, compiling a considerable number of physical and observational properties in a catalog that is publicly available.]{} [We found that an OC defined observationally as OC0, OC1, or OC2 and confirmed as a real cluster is equivalent to the physical concept of OC (a bound exposed cluster) for ages in excess of $\sim 16$ Myr. Some observed OCs younger than this limit can actually be unbound associations. We found that our OC and EC samples are roughly complete up to $\sim 1$ kpc and $\sim 1.8$ kpc from the Sun, respectively, beyond which the completeness decays exponentially. Using available age estimates for a few ECs, we derived an upper limit of 3 Myr for the duration of the embedded phase. Combined with the OC age distribution within 3 kpc of the Sun, which shows an excess of young exposed clusters compared to a theoretical fit that considers classical disruption mechanisms, we computed an embedded and young cluster dissolution fraction of $88 \pm 8\%$. This high fraction is thought to be produced by 