Yeah, I realized that the villagers did these, but I didn't think any of them where useless.Here's my theory:
Relaxing: helps prevent work related-injuries
Laundry: helps prevent sickness
Swimming: raises farming and might prompt villager to fish (if currently possible)
Exercise: Helps raise that villager's life span (and raises building skill-courtesy of Jazzo)
But those are just my theories (SP?)...