Yes, leukemia are cancers. They are cancer of blood elements. This type of cancer may arise in the bone marrow and cancer cells spill over to peripheral blood.
There are many types of leukemia, just for easy understanding we can call two types -
chronic leukemia and acute leukemia.
Usually in chronic leukemia there is an abnormal proliferation of mature cells and they are chronic lymphocytic leukemia CLL), and chronic myelocytic leukemia (CML) etc
Usually, in acute leukemia there is an abnormal proliferation of immature cells (blasts) such as acute lymphblastic leukemia (ALL), acute myeloid leukemia (ALL).
These can be further divided again which is complicated for general population.
Most common leukemia in children is Acute Lymphoblastic leukemia (ALL) which is very aggressive if not treated in time. It can be cured with treatment and bone marrow transplantation.