Markham, a growing suburban town with population of approximately 261,000 in 2006, is located just North of Toronto's Scarborough area, and in the South of York Region. Despite of its size, Markham has not been given a city status in the Province of Ontario and is still considered a town. Markham is the largest town in York Region, and is sometimes referred to as the High-Tech Capital of Canada, due to the high number of high-tech multinationals that have their Canadian headquarters here. As such, many jobs in Markham are in the technology industry. These companies consist of IBM, Motorola, AMD, Toshiba, Sun Microsystems, Apple, and others. Markham is also the 'economic locomotive' of York Region, having a significant portion not only of the region's population but also of the region's (and Greater Toronto's) companies. Markham also has a diverse population, with over 50% of its residents being born outside of Canada. The Highway 7 corridor -- often referred to as Toronto's Chinatown North -- is known for its strong East-Asian cultural influences.
According to the Fairy Lake Jobs Hiring Index statistics, jobs in Markham account for about 35% of all employment opportunities advertised online in York Region, with 1600 to 1700 new jobs being posted online each month. From June 2010 to June 2011, postings for jobs in Markham increased by 17 percent. As of the 2006 Census Report from Statistics Canada, Markham has an unemployment rate of 6.7 percent.
IBM Canada is the largest provider for jobs in Markham, but many employers from other industries are also location here, including American Express Canada, Procter & Gamble, GlaxoSmithKline, and others. The quality of the jobs in Markham is also relatively good, with about 90% of all new jobs located in Markham advertised online being full-time jobs (compared so about 20% in Newmarket).
According to Statistics Canada, jobs in Markham are more prominent in the business, finance and administration occupations, sales and service occupations, and management occupations. Industries that hold many jobs in Markham are business services, manufacturing, and finance and real estate..
Markham is bordered by the following municipalities: Richmond Hill and Vaughan to the West, Whitchurch-Stouffville to the North, the City of Toronto to the South, and Pickering in Durham Region to the East. Markham's communities include Unionville, part of Thornhill, Buttonville, and others. Markham was recently designated by the Provincial Government of Ontario as one of the centres in which the province would like to focus population growth in the near future. It is located 30 km (20 miles) north of downtown Toronto, and can be reached from Toronto by car through DVP and HWY404. There is also a local commuter train and bus service between Union Station in Toronto and Newmarket, operated by Toronto's GO Transit.